You know June 30th is the last day to report your foreign bank accounts details (fbar) to IRS. So remember, if you're an American citizen, and have over K in foreign bank account, savings ...
Most Recent Articles For: financial accounts
Written by admin on August 2nd, 2011
Written by admin on July 1st, 2011
Article by Kevin Thorn
The deadline to apply to the IRS Voluntary Disclosure Program now over; however U.S. taxpayers still can file a voluntary disclosure under the IRS normal procedures. In 2009, the IRS and U.S. Department of Justice began its highly publicized investigation into Swiss bank UBS AG and ...
Written by admin on May 14th, 2011
Over the last year, the United States government has taken a great interest in undisclosed foreign bank accounts. Individual taxpayers who file U.S tax returns, and who have any offshore or foreign accounts must ...
Written by admin on May 6th, 2011
If you owe the IRS back taxes, and you have not paid beyond the time that is all their messages and phone calls, it is likely that the IRS begin to own the assets ...
Written by admin on April 6th, 2011
Doing business outside of the U.S.? Have an Offshore bank account or Brokerage Account? Own more than 10% of a foreign country legal entity? (and some rules apply to even lower levels of ownership). ...