FBAR Compliance and Disclosure

August 9, 2018
What Are Tax Organizers, and Why Are They Risky When Filing Your Tax Return?

What Are Tax Organizers, and Why Are They Risky When Filing Your Tax Return?

Getting organized is never a bad idea, especially when tax filing season rolls around. That’s why you may be surprised to learn of the legal risks […]
June 27, 2018
What Types of Foreign Investments Must I Report to the IRS on My FBAR?

What Types of Foreign Investments Must I Report to the IRS on My FBAR?

As regular readers may already know, our international tax attorneys frequently write about foreign income disclosure requirements. While these requirements can be myriad – Form 5471, […]
June 25, 2018
U.S. Government Files Lawsuits Against Colorado Family Over Foreign Bank Accounts

U.S. Government Files Lawsuits Against Colorado Family Over Foreign Bank Accounts

According to various media outlets, the Department of Justice have set their sights on a Fort Collins, Colorado family that are suspected of having kept millions […]
April 26, 2018
Tax Changes for U.S. Expats Under the Tax Cuts and Jobs Act (TCJA) of 2017

Tax Changes for U.S. Expats Under the Tax Cuts and Jobs Act (TCJA) of 2017

The Tax Cuts and Jobs Act (TCJA) was signed into law by President Trump in December 2017. The TCJA ushers in a slew of dramatic changes […]
March 29, 2018
What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

If you visited our tax law blog earlier this week, you may have spotted a major announcement: in September 2018, the Internal Revenue Service (IRS) will […]
March 23, 2018
Sending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and Potential FATCA Penalties

Sending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and Potential FATCA Penalties

Making a wire transfer is a fast and convenient method of electronically moving funds from one bank account to another, generally ensuring the recipient’s access within […]