Foreign Account Reporting (FATCA & FBAR)

The IRS quietly removed the Delinquent FBAR Submission Procedures on July 1, 2026, eliminating the g…
For Americans living abroad or maintaining financial ties overseas, US tax compliance goes beyond ju…
To file an FBAR, gather the details and maximum balances of your foreign financial accounts, convert…
If you are a US citizen or resident who has foreign financial accounts, the US government requires y…
The Foreign Account Tax Compliance Act (FATCA) is a pivotal component of American tax law, passed by…
Aside from the annual income tax return filing, US expats must also be aware of the FBAR filing requ…
You may have heard the term FATCA, and know that it relates somehow to increasing IRS and Treasury D…