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

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 ...

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

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

Martinez says if you had more than $10,000 in a checking, savings, or investment account overseas, you’ll have to file a report of Foreign Bank and Financial Accounts, or FinCEN Form 114.

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

Disclosure is crucial to keep your banking legal. Griffith mentioned two forms that must be used to disclose offshore income: FinCen Form 114: FinCen is the U.S. Treasury’s Financial Crimes ...

The Financial Crimes Enforcement Network (FinCEN) will consider changes to the beneficial ownership ... applicants" — defined as any individual who files an application to form a corporation, limited ...

(MENAFN- Caribbean News Global) WASHINGTON, USA -The financial Crimes Enforcement Network (FinCEN) convened a virtual summit to counter the transnational criminal organizations (TCOs) that ...