FBAR Penalty Defenses: New FBAR Strategies for 2024
This article will serve as a follow-up to a previous article we authored a few years back regarding defenses to FBAR penalties. Over the past several…
Source: lexology.com
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Do I Pay US Taxes on Foreign Inheritance or Report it to IRS?
When a U.S. person receives an inheritance from a non-resident alien (aka non-U.S. Person), the U.S. tax rules are different than when a person…
Source: lexology.com
10 Common International Tax Return Mistakes to Avoid
With the globalization of the U.S. economy, it is very common for U.S. person individuals such as citizens and residents to have international…
Source: lexology.com
Do I Pay Taxes on Overseas Money That I Transfer to the U.S.?
The United States tax rules can be very complicated and especially when international components are introduced into the mix, it can be downright…
Source: lexology.com
The History (and Future) of Foreign Account and Tax Reporting
Over the past several years, the United States government has made foreign tax and reporting compliance key enforcement priorities. To best…
Source: lexology.com