WAATP FBAR Mini Seminar

Presented by Washington Association of Accounting and Tax Professionals 

Tuesday, October 20, 2026 Webinar

Event schedule: 

• Beginning of Webinar : 11:00 am
• FBAR: Foreign Bank Account Reporting  Mini Webinar  : 11:00 am - 1:00 pm

Speaker: Cindy Polley and Erik Seholm, Birch Bay Tax and Accounting 

Location: Live Streamed Webinar

CPE Credits: 2 CE depending on the attendees credentials 

Course Description:  

Foreign financial account reporting continues to be one of the most misunderstood—and potentially costly—compliance areas facing taxpayers and the professionals who advise them. From determining who must file to understanding reporting thresholds, filing requirements, common pitfalls, and potential penalties, FBAR compliance demands careful attention.

This two-hour mini seminar provides tax professionals with a practical, in-depth look at the Report of Foreign Bank and Financial Accounts (FBAR). Through real-world scenarios and practitioner-focused discussion, participants will gain a better understanding of identifying filing requirements, navigating complex reporting situations, and helping clients avoid costly compliance mistakes.

Whether you regularly work with international reporting issues or occasionally encounter clients with foreign financial accounts, this seminar will provide practical guidance you can immediately apply in your practice.

Course Objectives:

By the end of this seminar, participants will be able to:

• Determine when an FBAR filing is required under current reporting rules.
• Identify foreign financial accounts that must be reported.
• Apply FBAR filing thresholds to common taxpayer situations.
• Recognize common compliance issues and reporting errors.
• Understand potential civil penalties associated with noncompliance.
• Differentiate FBAR reporting requirements from other international information reporting obligations.
• Develop practical strategies for identifying potential FBAR filing obligations during client interviews.

Key Takeaways:

• A stronger understanding of FBAR filing requirements.
• Increased confidence identifying clients with foreign reporting obligations.
• Practical approaches for recognizing common compliance risks.
• Greater awareness of penalty exposure and reporting deadlines.
• Actionable knowledge to better advise clients with foreign financial accounts.
• Tools to incorporate FBAR due diligence into their tax preparation and advisory processes.

Attendee Requirements:

Who Should Attend:

This seminar is ideal for:

• Enrolled Agents (EAs)
• Certified Public Accountants (CPAs)
• Tax Preparers
• Tax Resolution Professionals
• International Tax Practitioners
• Accountants and Bookkeepers
• Financial Professionals working with internationally connected clients
• Tax professionals seeking to strengthen their knowledge of international reporting requirements.

Don’t miss this opportunity to connect, ask questions, and shape the future of our organization!

If you would like to ask questions ahead of time please send them to [email protected] 

WAATP members, $120 

Non-members, $135 

Join WAATP today to receive a discount. 

Disclaimer:

Fees and Schedule - This WAATP Internet-Live webcast will begin and end promptly at stated time. 

 Cancellation and Refund Policy: Registration fees will be refunded in full for up to 3 days in advance of the seminar. Registrations may be transferred 1-3 days prior to the seminar date. NO REFUNDS/TRANSFERS WILL BE ISSUED AFTER THE SEMINAR MATERIALS AND WEBINAR LINK HAS BEEN SENT AND THE SEMINAR BEGINS. NO EXCEPTIONS