Forbes

What U.S. Tax Forms Must I File For My Foreign Retirement Plan?

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. As the world grows smaller, U.S. citizens and residents ...
CEOWORLD magazine

Streamlined filing: How to resolve years of unfiled FBARs without criminal risk

Thousands of US executives discover they’ve missed filing Foreign Bank Account Reports (FBARs). Many had no idea the ...
WSPA

From the Tax Law Offices of David W. Klasing - When is the IRS Likely to View Your Failure to file Foreign Bank Account Reporting (FBAR) as Criminal Verus Merely Negligent

Under the Bank Secrecy Act, U.S. taxpayers must file an FBAR (FinCEN Form 114) if their foreign financial account balances exceed $10,000 in aggregate at any point during a calendar year. A failure to ...
Accounting Today

International tax compliance in a post-OBBBA world

Globalization has created extraordinary opportunities for U.S. taxpayers and multinational businesses. Yet, it has also placed U.S. accountants at the center of a fast-moving regulatory environment.
WSPA

From the Tax Law Offices of David W. Klasing - What If You Didn't File Required IRS FBARs?

The FBAR is an annual disclosure of overseas financial holdings mandated under the Bank Secrecy Act (BSA). It aims to prevent money laundering, terrorist financing, and tax evasion by requiring a ...
The Victoria Advocate

From the Tax Law Offices of David W. Klasing - When is the IRS Likely to View Your Failure to file Foreign Bank Account Reporting (FBAR) as Criminal Verus Merely Negligent

In such scenarios, a dual-licensed Criminal Tax Defense Attorney & CPA, such as those at the Tax Law Offices of David W. Klasing, can offer vital attorney-client privilege (in stark contrast to ...