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Operating a Foreign Bank Account: Tax Implications for Americans

Operating a Foreign Bank Account: Tax Implications for Americans

All US citizens with foreign accounts need to worry about the tax implications. Uncle Sam does not treat all funds held in a foreign bank account the same way as a domestic bank account....

Posted by KLSM CPA Firm PLLC on 03/31/2021

Houston TX Tax Pro for Foreign Bank Accounts Tax Preparer for Foreign Accounts DOJ US Expatriates Double Taxation Form 114 US Citizen Tax Compliance Act FATCA Global Economy Tax Evasion Foreign Bank Account Non-Compliance FBAR
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