Tags » FBAR

The US Government is not totally heartless

Notice September 12, 2017

FinCEN Provides FBAR Relief to Victims of Hurricane Irma; Virgin Islands, Puerto Rico and Parts of Florida Now Eligible; Extension Filers Have Until January 31, 2018 to File…

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Anti-Money Laundering

IRS Updates FBAR Reference Guide to Reflect Increased Inflation-Adjusted Non-Willful and Willful Penalty Amounts by Michel Stein

The IRS has updated its Reference Guide on Foreign Bank Account Reports (“Guide”) to help U.S. persons and tax professionals with FBAR filing obligations.   The Guide also supports IRS examiners in their efforts to administer the various IRS FBAR examination and penalty programs.    1,068 more words

#Americansabroad: "Ask NOT what the Homeland can do for you! Ask what you can do for the Homeland!

What follows is the full text of the Facebook post referenced in the above link. Really now, it’s time to understand that taxation is NOT the price you pay for Government services (or certainly not civilization). 718 more words

Citizenship-based Taxation

DAVID SLAYS AN FBAR GOLIATH: PRO SE TAXPAYER WINS MOTION TO DISMISS DOJ’S COMPLAINT by Evan J. Davis

A dual-national (U.S. and Canadian) citizen who lives in Canada found a warm reception in federal district court in Seattle, in the person of Judge James Robart. 1,015 more words

FATCA

The Foreign Account Tax Compliance Act (FATCA) was created to address non-reporting of income related to foreign financial accounts held by US taxpayers.

US Taxpayers who do not report their… 411 more words

IRS

#FATCA Hearings (4/26/2017) - a very brief introduction

The Foreign Account Tax Compliance Act (#FATCA) is a law requiring all foreign financial institutions (FFI) to provide the United States’ Internal Revenue Service (IRS) with financial account details of any American Persons who has accounts with it. 926 more words

Politics