Skip to content

+1 516.938.5007

info@expertcpa.org

Nationwide

FBAR, OVDI or OVDP Problems?

Call for a free consultation ASAP +1 516.938.5007

Home
What is an FBAR?
What are OVDP and OVDI?
FBAR Transfer Price
Lance Wallach
Contact Us

Contact Us

Phone#: 516-938-5007
Fax #: 516-938-6330
Email: Lance@expertcpa.org

National Offices of Lance Wallach

Lance@expertcpa.org

+1 516-938-5007

+1 516-465-3864

Court Approves FBAR NonWillful Penalty Merits

Court Approves FBAR NonWillful Penalty Merits But Wants Further Development of APA Issues

Bitcoins Do Not Require FBAR Filing

Ownership of virtual currencies do not need to be reported on theFBAR. So says Rod Lundquist, a Senior Program Analyst in the IRS's Small Business/Self Employed (SB/SE) division during a recent IRS webinar titled “Reporting of Foreign Financial Accounts on the Electronic FBAR.”

Foreign Citizen Living In the U.S. Don’t Forget Your FBAR

If you are a foreign citizen that is considered to be a resident for U.S. income tax purposes, you need to be aware that your U.S. tax filing obligation is not limited to the income tax return. U.S. taxpayers (including foreign residents) that have more than $10,000 in foreign bank accounts or other types of foreign investments are required to file Form 114 (commonly known as an FBAR) by June 30th of every year.

Copyright Fbar-Ovdi.com All Rights Reserved © 2016