Tag Archives: FATCA
During the third quarter of 2015, there were many important federal tax developments. The following highlights some of the more significant developments for you.
There is no limit as to what scam artist will do to get your personal information. The IRS recently released a fraud alert to international financial institutions with the Foreign Account Tax Compliance Act (FATCA). Scam artist are posing as IRS … Continue reading
Individuals must report specified foreign financial assets on new Form 8938 for 2011 tax year. The HIRE Act (the Hiring Incentives to Restore Employment Act of 2010 passed in March, 2010) provides that individuals with an interest in a “specified … Continue reading