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Inherited Property: U.S. Citizens At Risk of Penalties for underreporting Income Taxes
In July 2015, Congress, who is currently loosening accountability standards for businesses, now requires you and me, the common man and woman US citizens to be burden with additional accountability [...]
Foreign Wills in Nevada and Colorado: International Wills Act
This blog post is written for US professionals assisting foreign investors. Foreign investors and their advisors, however, should still read this blog post to understand issues foreigners will experience. Please [...]
Important Change in FBAR Filing Deadline
There are significant changes to FBAR filing dates that will affect you in the coming years. FBAR (or FinCEN Form 114, Report of Foreign Bank and Financial Accounts) is a report filed [...]