The Foreign Account Tax Compliance Act is fundamental as it affects how you report your finances, especially as an expat abroad. FATCA is why you may need to file a Report of Foreign Bank and ...

FBAR and Form 8938 are two of the foreign tax filing forms that clients most commonly have to deal with. The two forms are similar in that both require taxpayers with certain foreign assets and ...

WASHINGTON—The Internal Revenue Service in coming days will release a new information reporting form that taxpayers will use starting this coming tax filing season to report specified foreign ...