Posts in The U.S. International Tax Law Requirements for Individuals

Beware of the 15-Year Tax Attorney ‘Expert' or 'Specialist' Trap

Beware of the 15-Year Tax Attorney ‘Expert’ or ‘Specialist’ Trap

Beware of the 15-Year Tax Attorney ‘Specialist’ or ‘Expert’ Trap Recently, we had a taxpayer reach out to our firm after conducting a free initial consultation with another firm, where the attorney falsely claimed to be a Board Certified Tax Law Specialist but was unable to […]
by International Tax Lawyers
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Board-Certified Tax Law Specialist

What is a Board-Certified Tax Law Specialist (How to Spot a Fake)

  Board-Certified Tax Law Specialist Summary When an Attorney refers to themselves as a Tax Law Specialist, it does not mean they are ‘board-certified’ in Tax. The term “specialist”, when it comes to tax, connotes that a person handles that specific area of tax exclusively; in […]
by International Tax Lawyers
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Understanding FBAR vs FATCA: What are the Key Differences?

Comparing FBAR vs. FATCA (2026): Key Differences Explained

    FBAR & FATCA  When it comes to international tax and reporting compliance, two of the most common acronyms you will come across in your research quest are FBAR (Foreign Bank and Financial Account Reporting, aka FinCEN Form 114) and FATCA (Foreign Account Tax Compliance […]
by International Tax Lawyers
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Recklessness FBAR Noncompliance Leads to Willful Penalty

Recklessness FBAR Noncompliance Leads to Willful Penalty 2026

Reckless FBAR Explained One very common misconception about foreign bank and financial account (FBAR) penalties is that to become subject to IRS willful penalties, the taxpayer must have acted intentionally — but that is incorrect. In some instances, even if the taxpayer does not act with […]
by International Tax Lawyers
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Do You Have Foreign Accounts or Assets: Reviewing the Steps

Time for Your 2025 Annual Foreign Account Review

Do You Have Foreign Accounts or Assets: 2025 FBAR Review U.S. Taxpayers who have foreign accounts, assets, and investments may have several international reporting forms to file each year in addition to filing their IRS Form 1040. While there are many different international reporting forms that […]
by International Tax Lawyers
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