Search for: "IRS/FBAR" Results 81 - 100 of 831
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
20 Jun 2007, 9:06 am
This morning I sat in on an IRS teleconference about Foreign Bank Account Reporting (FBAR), and the Treasury Department's Form TD F 90-22.1. [read post]
21 Aug 2011, 8:14 pm by Russ
I like Joe Kristan’s terminology for the IRS’ efforts going after anyone who hasn’t filed an FBAR…even if they don’t really owe any additional tax: Using a shotgun to get jaywalkers. [read post]
17 Feb 2014, 5:16 am by Brad Hokanson
  U.S. citizens and residents are required to disclose foreign accounts with an aggregate balance of greater than $10,000.00 by filing an FBAR (Form TD F 90–22.1) with the IRS. [read post]
24 Aug 2011, 7:27 am by Russ
One question that has interested individuals residing in Canada who are impacted by FBAR (Form TD F 90-22.1) is whether the Canadian tax authorities would collect penalties on behalf of the IRS. [read post]
26 Jun 2012, 3:15 pm by Darrin Mish
The IRS recently announced some welcome news regarding taxes to be paid by those having taxable income offshore like expatriates and dual citizens, many of whom have not been declaring their taxable income to the IRS or filing Foreign Bank and Financial Account reports (FBARs). [read post]
7 Aug 2019, 7:00 am by Joe
But, as we’ve also written, the IRS is showing a willingness to recognize tax liabilities on virtual currency gains. [read post]
6 Nov 2011, 12:05 pm by sandylaw
In the two recent voluntary disclosure programs offered by the IRS, 2009 and 2011, the IRS created a “miscellaneous civil penalty”, in lieu of FBAR penalties, to allow it to administer the voluntary disclosures under the IRC. [read post]
7 Jun 2011, 7:00 am
Up until now the IRS was insisting on an FBAR penalty of 25% of the highest offshore financial account balance, plus 25% of any income generating offshore assets. [read post]
27 Jun 2012, 4:55 pm by Aaron
Yesterday, the IRS announced a new program for US residents living abroad with minor tax issues that have also failed to file the FBAR. [read post]
29 Jan 2020, 10:54 pm by Bright!Tax Writers
Filing an FBAR means filing Form 114 to FinCEN (rather than to the IRS) online each year. [read post]
15 Jun 2011, 7:52 am by Russ
The IRS posted a revised draft of Form 8938, the “Son of FBAR. [read post]
7 Dec 2020, 1:35 am by Bright!Tax Writers
Because FBARs are filed to FinCEN rather than to the IRS, penalties for not filing FBARs, or for inaccurate or incomplete filing, are high. [read post]
31 Jul 2021, 8:53 pm by Houston Tax Attorney
This is in addition to the Treasury’s FBAR filing requirements. [read post]
10 Aug 2009, 11:20 am by Brian Dolan
Last year, there were increased efforts by federal prosecutors and IRS agents to investigate taxpayers for failing to file Foreign Bank Account Reports (FBARs) and foreign earned income. [read post]
8 Oct 2009, 9:12 am
The due date for participation in the IRS’s partial amnesty program is October 15, 2009. [read post]
13 Aug 2009, 12:45 pm by Dennis N. Brager
On Wednesday, the UBS TD F-90-22.1, Foreign Bank Account Report (FBAR). [read post]