by Antonio Rodriguez | Jun 30, 2014 | FATCA, FBAR, US Tax Return 1040 / 1040NR
Facing criticism that its crackdown on overseas tax cheats had disproportionately hurt small taxpayers guilty of innocent oversights, the Internal Revenue Service said it would revise its rules, lowering or eliminating some fines while tightening other requirements....
by Antonio Rodriguez | Jun 27, 2014 | FBAR, IRS - Internal Revenue Service, US Tax Return 1040 / 1040NR
As a reminder, taxpayers that are required to report foreign bank and financial accounts must file Form 114 electronically by June 30th, and the returns must be either Accepted or Accepted with Errors by midnight, June 30th. We strongly recommend that 114 returns be...
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