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FBAR Penalty Defenses: New FBAR Strategies for 2024

This article will serve as a follow-up to a previous article we authored a few years back regarding defenses to FBAR penalties. Over the past several…

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Do I Pay US Taxes on Foreign Inheritance or Report it to IRS?

When a U.S. person receives an inheritance from a non-resident alien (aka non-U.S. Person), the U.S. tax rules are different than when a person…

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10 Common International Tax Return Mistakes to Avoid

With the globalization of the U.S. economy, it is very common for U.S. person individuals such as citizens and residents to have international…

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Do I Pay Taxes on Overseas Money That I Transfer to the U S ?

The United States tax rules can be very complicated and especially when international components are introduced into the mix, it can be downright…

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Challenging IRS International Assessable Reporting Penalties

When it comes to international information reporting penalties, the Internal Revenue Service does not play fairly. That is because international…

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