Statute
FBAR
239 published works
Tax
Streamlined Filing Compliance Procedures 2021: How to Apply
Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures (SFCP): The IRS Streamlined Procedures are a form of tax amnesty for FBAR, FATCA and other international…
Webb & Morton PLLC Blog
Yes, Estates File FBARs Too
By Jason Morton
It may come as a surprise, but Estates do file FBARs if they meet certain requirements. And failure to file a required FBAR has serious penalty ramifications. Generally, FBARs apply…
Tax
H-1B FATCA: (New) Why H-1B Visa Holders File FATCA 2021
By Board-Certified Tax Law Specialist
H-1B FATCA & FBAR H-1B FATCA & FBAR H-1B FATCA & FBAR: The H-1B visa FATCA & FBAR rules for disclosing overseas accounts are complex. That is because an H-1B…
Money Laundering Watch
Criminal Enforcement Round Up: October Yields a Trio of High-Profile Money Laundering Charges With International Focus
DOJ Charges a U.S. Billionaire, an Alleged International Drug Conspiracy Using Chinese Bank Accounts and a Guatemalan Casino, and a Former Top Mexican Official in the "War on Drugs" The…
Tax
FBAR vs 8938: (New) How to Compare Different Programs 2020
FBAR vs 8938 FBAR vs 8938: The comparison of the FBAR and 8938 can be a very complicated analysis . The FBAR is for foreign accounts and FATCA Form 8938…
Tax
FBAR Penalties: (New) Strategies to Avoid an FBAR Penalty
FBAR Penalties & the IRS FBAR Penalties: Foreign bank account penalties are on the rise, and can range extensively. U.S. persons who violate FBAR filing rules by a filing…
Tax
FBAR vs 8938: (New) How to Compare Different Programs
FBAR vs 8938 FBAR vs 8938: The comparison of the FBAR and 8938 can be a very complicated analysis . The FBAR is for foreign accounts and FATCA Form 8938…
Tax
Deceased Person FBAR Filing: Do Estates & Administrators File?
By Board-Certified Tax Law Specialist
Deceased Person FBAR Filing & Estate FBAR Deceased Person FBAR Filing & Estate FBAR Deceased Person FBAR Filing: Do Estates & Administrators File?: Yes, estates do file FBAR (if they…
Tax
Estate FBAR Filing (2020)
Do Estates File FBAR? Estate, Administrator & Beneficiary FBAR Basics Do Estates File FBAR? Do Estates File FBAR: Yes, estates do file FBAR (if they meet the requirement). When it…
Tax
FBAR Amnesty Programs (2020 New)
FBAR Amnesty FBAR Amnesty: The IRS has developed multiple foreign bank account program amnesty options for FBAR and FATCA related non-compliance. These programs are available to Taxpayers worldwide. The purpose…