Reporting of Foreign Assets
Individuals with foreign assets or interests may have one or more of the following reporting requirements: FinCEN Form 114, also known as FBAR Foreign Bank …
Individuals with foreign assets or interests may have one or more of the following reporting requirements: FinCEN Form 114, also known as FBAR Foreign Bank …
Contents1 Tax Guide for Expatriates and Foreign Nationals2 General Rule2.1 What is a Resident?3 Expatriates3.1 Foreign Earned Income Exclusion3.2 Foreign Tax Credit3.3 Foreign Earned Income …
Contents1 IRS to Assign Millions of Collections Accounts to Private Debt Collectors1.1 Why is this happening?1.2 Has this happened before?1.3 How will this affect taxpayers …
Contents1 Types of IRS Audits1.1 Correspondence Audit Program1.2 Automated Underreporter Program (AUR)1.3 Office Audits1.4 Field Audits Types of IRS Audits Many taxpayers will deal with …
Contents1 US Citizens Owing Back Taxes Now Getting Passports Revoked2 Certification of Individuals with Seriously Delinquent Tax Debt2.1 What is Seriously Delinquent Tax Debt?3 Revoking …
Contents1 Discharging Tax Debt Under Chapter 72 What is Chapter 7 Bankruptcy?3 What does Filing a Chapter 7 do to Taxes?4 Will my Tax Debt …
Contents1 Immigration and Taxes2 Why Taxes are Important in Immigration3 What Types of Tax Issues will Affect my Immigration Application?4 Can I Apply for Citizenship if …
Contents1 Step 1: Determine if you are Current on your Tax Obligations2 Step 2: Calculate your Discretionary Monthly Income3 Step 3: Obtain a copy of …
Contents1 Trust Fund Recovery Penalty2 Payroll Taxes vs. Trust Fund Taxes3 Failure to Pay Trust Fund Taxes4 Trust Fund Recovery Penalty Process5 Relief from Trust …
Contents1 IRS collections – Federal Tax Liens2 How a Federal Tax Lien is Created3 Filing of a Federal Tax Lien4 Relief from a Federal Tax Lien IRS …