June 30, 2016, FBAR Filing Deadline Is Quickly Approaching
Expats, recent immigrants, investors, and travelers understand that foreign accounts, investments, and other assets can be held for an array of reasons. In some cases, ...
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Wall Street Journal Warns Taxpayers of “A New Era of Tax-Data Sharing”
On this blog we have warned taxpayers time and time again about the dangers of holding or controlling undisclosed foreign accounts and trusts. Since Congress ...
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I’ve received a FATCA letter and need to fix my foreign tax problems
Foreign Account Tax Compliance Act (FATCA) letters have been mailed to citizens, legal permanent residents, expatriates, and others with a US tax obligation since the ...
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For FBAR Compliance Issues the IRS defines Willful Conduct Broadly
When people think about their noncompliance with foreign account disclosure, as required by Foreign Account Tax Compliance Act (FATCA) and the Banking Secrecy Act (BSA), ...
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What are the top reasons for triggering an IRS Audit?
There are few things in life that people look forward to less than filing and paying their taxes. However, one of the few things less ...
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