The Foreign Bank Account Reporting laws (FBAR) require U.S. residents to report, on an annual basis, accounts held at foreign financial institutions if such account’s high […]
If you are a U.S. taxpayer with undisclosed foreign income, assets or accounts, pay careful attention, because this article is directed at you. On March 13, […]
Since the “Great Recession,” Congress has been particularly concerned about what is known as the tax gap. The tax gap is the difference between the […]
For the past couple of years, we have brought our readers extensive information about the legal requirement to report foreign bank accounts to the federal government […]
It seems that every week, we bring you stories about United States taxpayers that have been charged with hiding money in foreign bank accounts. As of […]
