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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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Financial Firms Get FATCA Reprieve/in , , /by

Global financial firms breathed a brief sigh of relief this week on news that the U.S. Treasury will temporarily relax enforcement on the Foreign Account Tax Compliance Act (FATCA). read »

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