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Tax Filling

May 5, 2020
Photo by Eric Prouzet on Unsplash

The Government Continues Its Fight Against Undeclared Foreign Bank & Financial Accounts

Although it is not illegal to utilize a foreign bank account, the federal government’s attitude toward Americans who have them can be best described as untrusting. […]
March 13, 2020
Photo by Doran Erickson on Unsplash

Treasury Excepts Reporting for Interests in Certain Tax-Favored Retirement and Non-Retirement Savings Trusts in Revenue Procedure 2020-17

Last week, the Treasury Department released Revenue Procedure 2020-17, which provided taxpayers guidance regarding information filing requirements related to certain tax-favored foreign retirement trusts and certain […]
April 11, 2019

April 15 is the Deadline to File an FBAR (FinCEN Form 114) and IRS Form 8938 – Are You Prepared?

With April 15 now less than a week away, millions of Americans are scrambling to file their state and federal income tax returns before the 2019 […]
October 31, 2016

How Does the IRS Develop a Delinquent Tax Return Case Against a Taxpayer

Taxpayers have many reasons and justifications for their failure to file taxes or their filing of tax returns or other documents that are deficient. Deficient tax […]