Reporting Foreign Assets and Income to the IRS
The world of US tax surrounding foreign income and asset reporting is complex. Unfortunately, many domestic CPAs and those taxpayers who take a “do it yourself” approach do not understand…
Failure to Report Foreign Assets to the IRS
The world of US tax surrounding foreign income and asset reporting is extremely complex. Unfortunately, many domestic CPAs and those taxpayers who take a “do it yourself” attitude fail to…
Series 104: How to Report Your Foreign Assets
Reporting your foreign assets to the U.S. government is detailed subject that requires you to know and prepare multiple IRS forms. The purposes of this article is to give you…