On 1/8/25, the National Taxpayer Advocate (NTA) published its 2024 Annual Report to Congress and identified taxpayers’ ...

Expert in Outsourced Finance and Accounting Services Stay compliant with 2025 tax deadlines and avoid penalties with expe ...

you must file an FBAR (FinCEN Form 114) with the Financial Crimes Enforcement Network (FinCEN). Failure to file can result in severe penalties. The U.S. has tax treaties with many countries that ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

TYLER, Texas (KTRE) - Tax filing season starts on January 27th ... you’ll have to file a report of Foreign Bank and Financial Accounts, or FinCEN Form 114. “In the past the government said ...

Andrew Dehan is a professional writer who writes about real estate and finance. He is also a published poet, musician and nature-lover. He lives in metro Detroit with his wife, two kids and dogs.

Tax filing season starts on January 27th, with this year’s season bringing some new requirements, according to Tyler CPA Juan Martinez.

Further, you would be obligated to include this on your foreign reporting requirements – FinCEN 114 and perhaps IRS Form 8938 – depending on your U.S. tax filing status and threshold amounts ...