Statute
FBAR
239 published works
Tax
U.S. Taxation of Indian Income, Accounts & Assets: (New) 2021
U.S. Taxation of Indian Income, Accounts, Assets & Income U.S. Taxation of Indian Income, Accounts & Assets U.S. Taxation of Indian Income, Accounts, Assets & Income: When it comes to…
Tax Talks
Extension of FBAR Filing Deadline for Certain Filers
By Amanda H. Nussbaum, Abraham Gutwein, Xiaoyang Ma
On December 9, 2020, the Financial Crimes Enforcement Network (“FinCEN”) issued Notice 2020-1, extending the filing deadline for the Report of Foreign Bank and Financial Accounts, FinCEN Form 114 (FBAR),…
Tax
Bedrosian FBAR Case on Remand: Court Finds Willful FBAR Violation
Bedrosian Remanded & Court Found Willful FBAR Violations Bedrosian Remanded & Court Finds Willful FBAR Violation Important of the Bedrosian Remand & Shift to Willful Penalties: A few years back,…
Tax
Delinquent FBAR Submission Procedures: (New) 2020-2021
Delinquent FBAR Submission Procedures Delinquent FBAR Submission Procedures Delinquent FBAR Submission Procedures: The IRS has developed various amnesty programs to assist taxpayers with delinquent information return filing, such as the…
Tax
Delinquent FBAR Submission Procedures: (New) 2020-2021
Delinquent FBAR Submission Procedures Delinquent FBAR Submission Procedures Delinquent FBAR Submission Procedures: The IRS has developed various amnesty programs to assist taxpayers with delinquent information return filing, such as the…
Tax
Streamlined Filing Compliance Procedures (2020-2021)
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 tax…
Tax
Streamlined Filing Compliance Procedures (2020-2021)
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 tax…
Tax
Streamlined Filing Compliance Procedures 2020-2021
By Board-Certified Tax Law Specialist
Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures: The purpose of the IRS Streamlined Filing Compliance Procedures is to bring U.S. Taxpayers into offshore filing compliance. When…
Tax
Offshore Tax Compliance: 10 IRS International Enforcement Priorities
By Board-Certified Tax Law Specialist
Offshore Tax Compliance Offshore Tax Compliance Offshore Tax Compliance: In recent years, the IRS has significantly increased the enforcement of offshore tax compliance. With the introduction of FATCA (Foreign Account…
Tax
Naturalization Interview & Foreign Accounts: Case-Study Example
By Board-Certified Tax Law Specialist
Naturalization Interview and Foreign Accounts Naturalization Interview & Foreign Accounts Naturalization Interview & Foreign Accounts: When a US Legal Permanent Resident (green card holder) wants to become naturalized as a…