Foreign Bank Account Reporting

FATCA – Practical Guide

There are over 100 countries around the world that are now “FATCA-compliant.” This means that banks located in those countries will be sending to the IRS specific information regarding accounts...

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FATCA 101 for U.S. Expats

FATCA is starting to have a profound impact on the lives of ordinary Americans living abroad. Over 100 countries are either on-board with FATCA, or having active discussions with the...

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FBAR is now FinCen 114

The U.S. government is increasingly interested in knowing about the foreign assets held by its citizens and residents. The FBAR (Foreign Bank Account Report) is one of the key reporting requirements that Uncle Sam...

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