Tag Archives: Offshore Accounts

IRS News for Foreign Account Holders FBAR Requirements

If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report … Continue reading

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IRS Special Voluntary Disclosure Initiative Opens

  WASHINGTON — The Internal Revenue Service announced today a special voluntary disclosure initiative designed to bring offshore money back into the U.S. tax system and help people with undisclosed income from hidden offshore accounts get current with their taxes. The … Continue reading

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