Important due dates for filing your 2020 tax return and payments Our policy is to file extensions for all active clients. If you generally owe tax,...
Tax Filing Dates
read more
FBAR and FATCA
How to File the FBAR yourself
How to File the FBAR (FinCEN Form 114) Yourself If you are required to file a Foreign Bank Account Report (FBAR), also known as FinCEN Form 114, you...
FATCA
A recent judgment by an appellant court judge in Israel ordered Bank Hapoalim to transfer money out of a U.S. citizens account, overruling the banks...
Why are we required to file FBAR
So who’s the bad guy? Thomas Jefferson explained the purpose of the government to “enable the people of a nation to live in safety and happiness....
Understanding FBAR Penalties
Understanding the FBAR Penalties Many people are now familiar with the IRS requirement to file an annual Report of Foreign Bank and Financial...
FBAR and FATCA Basic Regulations
FBAR / FATCA General Information As a U.S. citizen, you may have to file an annual “Report of Foreign Bank and Financial Accounts” (FBAR) with the...