Foreign Account Tax Compliance Act

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FATCA Letters Promise Disclosure To IRS, What To Do?/in , , /by

Banks Worldwide are Handing Over Americans to the IRS Under FATCA, American’s Global Disclosure Law. If Your Bank Writes You, Don’t Ignore It. read »

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51 Nations Swap Offshore Account & Tax Data, FATCA On Steroids/in , , /by

FATCA is Revolutionizing tax compliance Worldwide. Now, the OECD has assembled 51 Nations that are All on the Hunt for tax and Offshore Account Data. read »

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FATCA Poised To Go Global/in , , /by

The OECD unwrapped a new global version of FATCA to facilitate the exchange of detailed account information between governments read »

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Even Non-Owner Signers On Offshore Accounts Face FATCA And FBAR Risks/in , , /by

FATCA Means IRS scrutiny, so better come clean on offshore accounts. But it can be surprisingly confusing who must report on joint accounts. read »

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FATCA Remains Vulnerable Despite Implementation/in , , /by

There’s a direct correlation between the severity of a tax code and the level of effort individuals are willing to put into avoiding or evading taxes. Attempting to address the latter while ignoring the former is a fool’s errand. read »

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