Tags » FBAR

Willful and Non-Willful FBAR Penalties - How to Avoid Them?

Ever since the UBS tax evasion scandal that picked up in 2008, the US government started looking for all ways to increase their tax revenue. These days, the prime targets for the Internal Revenue Service were U.S. 676 more words


PART 3: Living Clean - How to live outside the United States in an #FBAR and #FATCA world

Part 3: Living Clean – How to live outside the United States in an #FBAR and #FATCA World

“When in Rome, live as a Homelander” does, when elsewhere, live as they live elsewhere.” 2,864 more words

PART 1 – ACCEPTING CLEANLINESS or at least the necessity to "Live Clean


Prologue: Obama goes after #offshore tax cheats including citizens of other nations residing in those other nations! https://t.co/xximCXMQqg

— Citizenship Lawyer (@ExpatriationLaw) July 1, 2015…

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Compliance Basics

Offshore Banks Reveal Account Data, As IRS Amnesty For Many Involves 50% Penalty

Two more Swiss banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG, have entered deferred prosecution agreements with the U.S. government. The subject is tax evasion involving American account holders. 154 more words

IRS Audit

IRS Issues Last-Minute FBAR Filing Reminder

With the June 30 deadline to file the FBAR form fast approaching, the IRS issued another reminder to taxpayers with bank accounts located outside of the United States. 333 more words


On Foreign Bank Account Reporting



The FBAR law has been in effect for almost 20 years, however only in the past 5 years the IRS and FINRA have started to enforce the law. 294 more words