201901.31
0

Reporting of Foreign Assets (2019) – Board Certified Tax Law Specialist

Reporting of Foreign Assets (2019) – Board Certified Tax Specialist Reporting of Foreign Assets under FATCA can be a difficult and arduous task. Don’t trust the amateurs, Our Board Certified Tax Law Specialist Team summarizes it for you. Reporting of Foreign Assets  Understanding how the Foreign Account Tax Compliance Act impacts your IRS reporting responsibilities,…

201810.31
1

FATCA is the Newest IRS International Compliance Campaign in 2018

FATCA is the Newest IRS International Compliance Campaign in 2018 In recent years, the IRS has introduced several new International Tax Enforcement Groups, designed to reduce non-compliance, fraud, and evasion. The IRS recently announced that FATCA is the Newest IRS International Tax Compliance Campaign. When considering the fact that the U.S. Government has already secured their…

201801.10
1

FATCA, CRS & AEOI – Dangerous Maze of Foreign Account Reporting

FATCA, CRS & AEOI – Dangerous Maze of Foreign Account Reporting In the early stages of FATCA (Foreign Account Tax Compliance Act) enforcement, if a US person had unreported foreign accounts, and their bank or Foreign Financial Institution wanted to become compliant they would send the client a FATCA Letter. Now, with the implementation of…