Just when you think you know all you need to know about FBAR (Foreign Bank Account Reporting), a product of the Bank Secrecy Act of 1970, the impending FATCA (Foreign Account Tax Compliance Act) ...
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 ...
IRS holds information that is sourced from the FATCA reports submitted by Foreign Financial Institutions (FFI) (on Form 8966 - FATCA Report) and by Individual US Taxpayers that have reporting ...
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