Find Out if You Qualify for the New FBAR  Filing Extension under Notice 2018-1
201905.17
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Find Out if You Qualify for the New FBAR Filing Extension under Notice 2018-1

U.S. citizens and Green card holders living in Canada or otherwise outside the United States may have FBAR filing obligation. If the aggregate maximum value or the balance of your foreign financial accounts exceeds US $10,000 during the calendar year, you are generally required to file FinCEN Form 114: Report of Foreign Bank and Financial Accounts (FBAR).

The IRS is Ending OVDP in September 2018. Here are Four Important Alternatives to Become U.S. Tax Compliant
201808.22
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The IRS is Ending OVDP in September 2018. Here are Four Important Alternatives to Become U.S. Tax Compliant

In March 2018 the IRS made an announcement of titanic proportions. It will be ending the Offshore Voluntary Disclosure Program (OVDP) effective from September 2018. This announcement pertaining to the IRS ending OVDP, a program that was first introduced in 2009 and has undergone several subsequent revisions, …