by Antonio Rodriguez | Oct 21, 2014 | FATCA, FBAR, US Tax Return 1040 / 1040NR
Five Reasons to Start Reporting Your Foreign Bank Accounts U.S. citizens who have neglected to report foreign accounts they own or have signing authority over may be facing stiff penalties. Many of my clients want to comply with this policy but have concerns about the...
by Antonio Rodriguez | Oct 5, 2014 | FATCA
FATCA Forces Criminal Patterns Of Behavior Since the FATCA regulations took effect July 1 of this year, it’s been getting harder and harder to carry out financial transactions around the world, and I’d say we’re only at the bottom of this hill. As these onerous...
by Antonio Rodriguez | Sep 11, 2014 | FATCA, FBAR, IRS - Internal Revenue Service, US Tax Return 1040 / 1040NR
Expatriate Americans are renouncing U.S. citizenship in record volumes because of increasingly onerous tax-filing requirements—and the number doing so is likely to continue rising. Around 6.32 million Americans (excluding military) live abroad—about as many as who...
by Antonio Rodriguez | Jun 30, 2014 | FATCA, FBAR, US Tax Return 1040 / 1040NR
Facing criticism that its crackdown on overseas tax cheats had disproportionately hurt small taxpayers guilty of innocent oversights, the Internal Revenue Service said it would revise its rules, lowering or eliminating some fines while tightening other requirements....
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