Do you have foreign financial assets and are unsure how to report them to the IRS? You’re not alone! Thousands of US taxpayers face this daunting task every year....
Filing Compliance Procedures The Streamlined Filing Compliance Procedures (SFCP) offer a critical opportunity for U.S. taxpayers who have unintentionally failed to report foreign income and financial assets. This initiative...
Introduction As U.S. citizens and long-term residents consider the significant decision to relinquish their nationality or residency status, understanding the financial implications becomes crucial. Among these is the U.S....