por Antonio Rodriguez | Ago 27, 2023 | FATCA, FBAR
The Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file FinCEN Form 114 (Report of Foreign Bank and Financial Accounts). Unlike Form 8938, the FBAR (FinCEN Form 114) is not filed with the IRS. It must be filed directly...
por Antonio Rodriguez | Nov 3, 2022 | FATCA
The Foreign Account Tax Compliance Act was enacted by the Congress in 2010 as part of the Hiring Incentives to Restore Employment (HIRE) Act to combat tax evasion by US persons holding investments in offshore accounts. The United States Treasury Department and the IRS...
por Antonio Rodriguez | Sep 17, 2017 | FATCA, FBAR, Sin categorizar, US Tax Return 1040 / 1040NR
As globalization continues to reduce barriers to cross-border commerce, tax authorities around the world have increased information exchanges with other countries to administer and enforce the tax laws of their respective countries. It is important for the IRS to...
por Antonio Rodriguez | Jun 15, 2017 | FATCA, Finances, IRS - Internal Revenue Service
If you are a U.S. citizen or a U.S. permanent resident who has been living and working outside the U.S. and investing your savings through a non-US financial institution, you need to learn what a Passive Foreign Investment Company is very quickly. Why? Because...
Comentarios recientes