If you have chosen to have a foreign bank account, due to investments or other financial considerations, then there are several reporting requirements that you have to meet for both...
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...
Many Americans have foreign bank accounts that they will hold their money in. Other countries will offer some attractive interest rates and other benefits that make these a great option...
Filing taxes can be quite burdensome and taxing. Given the complexity involved in filing taxes, it is not surprising that many people make mistakes when submitting tax returns. These...
The thing that most people dread more than tax returns is getting audited by the Internal Revenue Service. You may ask, what exactly is auditing and what all does it involve.
WHAT...
If you have never been audited by the IRS before, that is a good thing. The IRS selects tax returns to audit when the numbers do not match up or there are glaring errors that call...