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Foreign Account Tax Compliance Act

Foreign Account Tax Compliance Act

Foreign Account Tax Compliance Act FATCA Resource List FATCA requires foreign financial companies to tell the IRS about U.S. taxpayers with foreign accounts. The IRS has been slowly forcing foreign banks to provide information about U.S. clients when requested. Now...
Fbar Filing Deadline Is April 15th

Fbar Filing Deadline Is April 15th

Fbar Filing Deadline Is April 15th The 2016 FBAR (Foreign Bank Account) filing requirement is coming at the end of the June  Don’t miss this deadline.  No extensions are allowed for late filing of FBAR reports. FBAR filings are on the rise as more and more...
Fbar Filing Deadline Is April 15th

What You Need To Know About Irs Form 5471 Categories

What You Need To Know About Irs Form 5471 Categories The IRS Form 5471 is a form that is designed for United States citizens that are shareholders in foreign companies. It is a form that is used to report the share ownership that you have in the corporation as well as...