201806.28
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Cryptocurrency & FATCA Form 8938 (2018) – Crypto a Financial Asset?

Cryptocurrency & FATCA Form 8938 (2018) – Crypto a Financial Asset?  Under most circumstances, if you have your cryptocurrency on a Financial Exchange, in a Crypto Bank Account, or you invested in a Crypto Managed Fund, you may have a Form 8938 filing requirement. TL;DR There is a likelihood that once the dust settles, and…

201806.27
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FATCA Crime (2018) – How Foreign Accounts Can Lead to U.S. Prosecution

FATCA Crime (2018) – Foreign Accounts Can Lead to U.S. Prosecution Unfortunately, short term motives sometimes result in long-term consequences. FATCA Crimes are on the rise, and this summary will provide you an example of how foreign accounts can lead to U.S. prosecution. Criminal enforcement is becoming much more of a reality for individuals who…

201806.26
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FBAR Lawyers (Tax Specialist) – FATCA, FBAR & Offshore Disclosure

FBAR Lawyers (Tax Specialist) – FATCA, FBAR & Offshore Disclosure FBAR Lawyers: If you have foreign accounts & unfiled FBARs, our Certified Tax Specialist Team can Safely minimize FBAR fines, violations & penalties. Golding & Golding is a Board Certified Tax Law Specialist Team of FBAR Lawyers who specialize exclusivelyin FATCA, OVDP, IRS Streamlined &…

201806.25
1

Cryptocurrency Taxes – IRS Tax Filing Requirement (2018 Tax Returns)

Cryptocurrency Taxes – IRS Tax Filing Requirement (2018 Tax Returns) When it comes to the taxation of IRS Bitcoin and IRS Cryptocurrency, there is mass confusion in the marketplace –primarily due to the fact that there are many stones left unturned by the IRS, FinCEN, and foreign tax jurisdictions etc. when it comes to deciphering cryptocurrency. …

201806.24
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IRS Audits of High Net Worth Individuals (2018) – Offshore Money

IRS Audits of High Net Worth Individuals (2018) – Offshore Money With the IRS terminating OVDP on September 28. 2018, along with increased enforcement of IRS Offshore Penalties for failing to report foreign accounts, assets, investments, and income to the IRS (aka Offshore Compliance), high net-worth individuals are at a greater risk.  According to the…