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…my taxes under the Streamlined Program. The thing I like the most about Tax Samaritan is Randall’s prompt replies to all my queries. I felt free to ask as many…

FBAR – Latest You Need To Know For 2024

…generally considered a resident. Entities including but not limited to corporations, trusts, estates, partnerships, or limited liability companies created or organized in the U.S. under the laws of the U.S….

Form 8938 – The Basics

…the Form 8938. While filing Form 8938 began under FATCA, there is heightened concern that under FATCA, foreign financial institutions provide to the IRS third-party information reporting about financial accounts,…

2013 Tax Changes for Individuals

…dividends is capped at 20% (up from 15% in 2012). Estate and Gift Taxes The recent overhaul of estate and gift taxes means that there is an exemption of $5.25…

Innocent Spouse Relief

…Taking into account all the facts and circumstances, it would be unfair to hold you liable for the understated tax. Separation of liability relief: Under this type of relief, the…