Do You Have Foreign Assets to Report: Offshore Review Guide U.S. Taxpayers who have foreign accounts, assets, and investments may be required to file several international reporting forms in addition to their IRS Form 1040 each year. While there are many different international reporting forms that taxpayers may need to […]
Manage Offshore Account Risks with Voluntary Disclosure Foreign accounts disclosure is the process of submitting prior year, previously undisclosed foreign account, asset, investment, and income information to the US government (IRS and FinCEN) in order to get into tax and reporting compliance. The IRS offers […]
Don’t Risk Not Filing These 5 Foreign Information IRS Returns U.S. taxpayers who have foreign accounts, assets, investments, income, etc., may be required to file several IRS foreign information returns each year to disclose their offshore account and asset information to the IRS and FinCEN. There […]
Explaining How IRS Offshore Disclosures Work Each year, taxpayers who are considered U.S. persons for tax purposes are required to report foreign accounts, assets, investments, etc., to the U.S. government as part of their tax filing. While some international information reporting forms are reported directly with […]