Tag: Offshore Taxes

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Collage-style photo of a smiling, middle-aged Indian-American man in business attire, positioned in front of a globe. The background shows the outline of countries that commonly trigger FBAR filing requirements: United Kingdom, China, Canada, Australia, and India.
FBAR Filing Requirements (2024): Who Needs to File FinCEN Form 114?
Did you just learn about FBAR filing requirements? Our experienced FBAR lawyers break down all you n [...]
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Chinese-American man smiling and giving two thumbs up. Next to him are three checkmarks indicating FBAR compliance. The background shows Chinese currency.
Streamlined Domestic Offshore Procedures: Beginner’s Guide (2024 Update)
Should you apply for Streamlined Domestic Offshore Procedures? SDOP is an IRS amnesty program for U. [...]
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Collage-style image showing a young woman in business attire speaking on a cell phone. Behind her is IRS Form 5472. The background depicts a globe with glowing lines connecting different parts of the world.
What Is IRS Form 5472?: A Beginner’s Guide
Need help understanding the requirements for IRS Form 5472, "Information Return of a 25% Foreign-Own [...]
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Illustration shows paper that's been stamped with the word "AUDITED" in bold, red letters. Highlighted, handwritten text underneath reads, "What should I do now?"
What to Do If You Get Audited by the IRS: 5 Essential Tips
Navigating a tax audit can seem intimidating, but it doesn’t have to be a stressful ordeal. With t [...]
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Puerto Rico Crypto Tax Haven
Could Puerto Rico Be Your Crypto Tax Haven? (2024 Update)
With 0% capital gains tax and 4% income tax, Puerto Rico can offer serious tax savings. Discover whe [...]
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Stylized image depicting a young woman with short, dark hair and glasses. She's smiling and holding a small German flag. Behind her is IRS Form 5471.
Form 5471 Overview: Who, What, and How
IRS Form 5471, "Information Return of U.S. Persons with Respect to Certain Foreign Corporations," ha [...]
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Stylized image depicting a business woman holding a suitcase and talking on a cell phone. Behind her is Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities and Foreign Branches.
Form 8858 Overview: Who Needs to File (with Examples)
Confused about IRS Form 8858, "Information Return of U.S. Persons With Respect to Foreign Disregarde [...]
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Stylized image depicting international business partners: 2 women and a man in business suits, talking and laughing. Behind them is IRS Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships.
Form 8865 Overview: Who, What, and How
This guide to Form 8865, "Return of U.S. Persons With Respect to Certain Foreign Partnerships," brea [...]
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Are Cryptocurrencies Foreign Assets Subject to FATCA and FBAR?
People often ask: Do Bitcoin and other digital tokens qualify as foreign assets under U.S. law? Answ [...]
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