Whilst the first filing deadline for individual United States income tax returns has now passed, the Report of Foreign Bank Accounts (FBAR) is due for filing by 30 June and can now be filed online. The report, Form TD F 90-22.1, (Form) is filed separately to Form 1040...
One of the new additions to the reporting requirements for United States taxpayers with financial assets located outside the United States is a new form 8938. It is currently being developed by IRS and is effective for taxable years beginning on or after January 1,...
