Foreign bank accounts aren’t necessarily for mustache-twirling villains and the superwealthy, but they do trip up plenty of people when it’s time to file their
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Important FBAR Clarification
Today, FinCEN moved to again clarify questions surrounding the due date for filing Reports of Foreign Bank and Financial Accounts (FBARs). The FBAR requirements (31
Read MoreGuest Post: The Accidental Tax Invasion
It’s time for guest posts! Today, Dominic Ferzst, tackles tax, FATCA and the “accidental invasion.”
Read MoreIRS Offers Taxpayers “One More Chance”
My seven-year-old has a penchant for getting herself into trouble. She’s that kind of kid who pushes boundaries to see exactly how far she can
Read MoreFBAR Deadline Looming
Donna (not her real name, of course) has been breaking the law for years. The funny thing is she doesn’t look like your stereotypical criminal:
Read MoreTaxes From A To Z: F Is For FBAR
In 1970, Congress passed the Bank Secrecy Act which was pretty much the first law on the books in the US to require banks and
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