FBAR For Expats

Facing a Penalty? Here’s Why Staying Updated Matters You know that sinking feeling you get when you realize you’ve missed a deadline or made…

The Report of Foreign Bank and Financial Accounts (FBAR) is a Treasury information form separate from your annual IRS income tax return. It requires…

For U.S. expats, managing tax obligations can be particularly challenging, especially when it involves foreign financial accounts. The Foreign Bank and Financial Accounts Report…

Here’s one of the most frequent questions people ask me about  Foreign Bank Account Reports (FBARs). ‘‘I recently learned about the need to file…

Tax laws can be confusing, and matters can become even trickier when foreign financial accounts are added to the equation. If you are a…

If you have a financial interest in a foreign financial account, it may be a requirement for you to file a Report of Foreign…

There a number of unique and different due dates that apply to U.S. overseas taxpayers, but some are extremely critical to avoiding harsh penalties…

Disclosing Foreign Bank Accounts Unless you have complied with the FBAR reporting requirements to report your foreign accounts or entered into the Offshore Voluntary…

FBAR Willfulness A key determination in whether a taxpayer is subject to criminal and/or civil penalties for the failure to disclose foreign bank accounts…