It’s a fact …
The IRS is going after taxpayers who fail to report their offshore accounts.
Yes. You may have filed your FBAR and/or form 8938 and think you’re in good shape, but be aware …
Uncle Sam has piled on a bunch of little-known international reporting requirements plus stiff penalties for non compliance.
Want to stay out of big trouble with the IRS? Easy! Read my new article titled Tax Tips: Beyond the FBAR: Discover Little-Known Traps in Foreign Reporting.
Three ways our fact-filled article can help you:
- We’ll tell you who’s most at risk from the new requirements. There are four classes of people who will feel the impact of these requirements. Are you in one of these groups? You’ll find out when you read the full article.
- We’ll help you avoid four dangerous traps. We’ll tell you the right way to report your ownership in a foreign business, report gifts and inheritances from abroad, and report your interest in foreign trusts. You’ll get all the details when you read the full article.
- You’ll learn what to do if you haven’t filed or reported. Careful! You face severe penalties if you don’t file little-known forms. We’ll tell you about penalties, consequences, and possible relief when you read the full article.