Tag: Offshore Taxes

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FBAR Penalties: What Happens If You Dont File the FBAR?
FBAR Penalties: What Happens If You Don’t File the FBAR?
The FBAR, or Foreign Bank Account Report, is a form that must be filed annually by individuals who h [...]
IRS Voluntary Disclosure Program
IRS Voluntary Disclosure Program
The IRS Voluntary Disclosure Program (VDP) gives taxpayers a chance to avoid criminal tax charges by [...]
Form 3520: Reporting Foreign Trust
Form 3520: Reporting Foreign Trusts and Gifts for US Citizens
If you received transactions from foreign trusts or entities during the tax year, you may need to fi [...]
FATCA Reporting: Filing Form 8938
FATCA Reporting: Filing Form 8938
Offshore accounts were once the go-to option for Americans who wanted to hide money from Uncle Sam. [...]
What Triggers an IRS Audit?
These are some of the top IRS audit triggers that could cause a closer look at your return. See our [...]
IRS Removes One of Four Options to Resolve Foreign Disclosure Mistakes
IRS Removes an Option to Correct Foreign Reporting Errors
The IRS recently removed one of four options to correct foreign-based reporting omissions. The Delin [...]
Move Here To Save Big On Crypto Taxes
How do some token traders compliantly shelter their gains from the taxman? A common way is to move s [...]