When making a move abroad for retirement, it’s important to consider a few important things including your finances. Making sure arrangements are in place to make managing finances...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/23/2019
Offshore Voluntary Disclosure Program or OVDP is made primarily for those people who did know that they were actually needed to be reporting the foreign assets or income, and did not;...
Posted by Niner's Accounting & Tax Services, LLC on 09/14/2018
In case you are living abroad, the chances are that you’ve heard a lot about FATCA and FBAR. Do you know what they’re and whether you have to file or not? It is crucial...
Posted by Flynn Financial Group Inc on 09/14/2018
Retirement is probably every working taxpayer’s dream to be but the idea of a perfect retirement can be a little complicated if you want to live overseas. Although it’s...
Posted by Jakusovas & Company on 09/11/2018
Forgetting your tax obligation as a taxpayer is definitely a messed up situation. You can expect severe consequences if you don’t file your taxes at the right time. Fortunately,...
Posted by Duce Taxes & Accounting on 05/16/2018
Improving offshore compliance has been a top priority of the Internal Revenue Service (IRS) for some time now. Because of this, people's ability to avoid detection is almost impossible,...
Posted by Omni Fidelity Associates on 02/08/2018
Overseas accounts are a great way to protect your assets and ensure that you are getting the best rate of return on your investments. While there are many good banks in America, not...
Overseas accounts are one of the best ways that you can save some money and earn a better rate of return while they are in the account. American banks are known for having low interest...
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...