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Tag: Banking Secrecy Act

FBAR Deadline Looming

Kelly Phillips ErbJune 21, 2011

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:

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Offshore Voluntary Compliance Program Deadline Extended

Kelly Phillips ErbSeptember 21, 2009May 17, 2020

The Internal Revenue Service (IRS) has announced an extension of the deadline for its Offshore Voluntary Compliance Program. The deadline, which was initially September 23,

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Ask The Taxgirl: Oh Canada!

Kelly Phillips ErbAugust 25, 2009May 17, 2020

Taxpayer asks: I have what may be a stupid question. I read your answer about FBAR and I was wondering whether you have to report

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Ask The taxgirl: FBAR & Power Of Attorney

Kelly Phillips ErbAugust 25, 2009May 17, 2020

Taxpayer asks: I was just reading about the rules for FBAR, and noticed that the IRS says that people who have Power of Attorney (POA)

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Fix The Tax Code Friday: Foreign Accounts

Kelly Phillips ErbAugust 21, 2009May 17, 2020

The IRS crackdown on foreign accounts has been generating a lot of discussion in the blogosphere. Some folks argue that it’s a waste of resources,

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