June Gloom for US Tax Filers
Kevin Brekke, International Man June brings privacy gloom for US tax filers. June 30 is the filing deadline for Treasury Form TD F 90-22.1 (the FBAR), wherein US persons get to stand financially naked by reporting their foreign held financial assets or accounts. The pat down was turned into a strip search with the introduction of the new IRS Form 8938 that greatly expanded the types of foreign assets now required to be reported to the US tax authorities. Over the past 18 months, a series of changes to the … [visit site to read . . . → Read More: June Gloom for US Tax Filers

Kevin Brekke, International Man

June brings privacy gloom for US tax filers. June 30 is the filing deadline
for Treasury Form TD F 90-22.1 (the FBAR), wherein US persons get to stand
financially naked by reporting their foreign held financial assets or
accounts. The pat down was turned into a strip search with the introduction
of the new IRS Form 8938 that greatly expanded the types of foreign assets
now required to be reported to the US tax authorities.

Over the past 18 months, a series of changes to the … [visit site to read more]

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