Note: If you use the Streamlined Filing Compliance Procedures under the incorrect assumption that you were non-willful you have exposure for all of the following: As […]
DO YOU MEET THE FBAR FILING REQUIREMENTS? If you have a financial interest in, or signature authority over at least one financial account that is “maintained” […]
Similar to the 2009 and 2011 OVDI, this program addresses the civil side of a taxpayer’s voluntary disclosure of foreign accounts and assets. It also defines […]
Through the evolution of tax treaties, the addition of FATCA (Foreign Account Tax Compliance Act), evolving Foreign Financial Asset Reporting requirements, and the increasing actions of […]
The IRS announced a new initiative on June 26th, 2012 to further enforce timely compliance of U.S federal income tax returns, and also Reports of Foreign […]
