Articles

Understanding Foreign Taxes: FATCA & FBAR and The Implications For Your Taxes

Regardless of your level of insight into taxes as an individual or a business, you must understand the concepts of FATCA and FBAR and their differences because to understand and utilize...

An Understanding Of Your International Income Requirements.

The Internal Revenue Services, IRS has shown interest in U.S taxpayers who have accounts in Liechtenstein, Cayman and other countries around the world. According to the IRS, U.S citizens...

Important Steps to Take When Reporting Your International Financial Accounts

We live in a globalized world, which means that more U.S. alien residents and citizens are taking their money overseas for banking and investment purposes. While owning a foreign account...

Tax Insight Jun 2016

Report Your Foreign Accounts Using Form FBAR

Taxes are the Lifeblood of an Economy The Power of Taxation is an inherent sovereign power of a state that interferes with the personal and property rights of individuals...