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Tag Archives: Foreign Assets
Accounting & Tax :: ‘Kinder, Gentler IRS’ Finally Arrives at the Doorstep of the Offshore Voluntary Disclosure Program. Or Does It?
Not since Congress demanded a ‘kinder gentler IRS’ in 1998, has the individual owner of bank accounts and other financial assets maintained outside the US, seen that side of the Internal Revenue Service. For many, both inside and outside the current … Read more
The Internal Revenue Service is reminding U.S. citizens, resident aliens, and those with dual citizenship who have lived or worked abroad during all or part of 2012 that they may have U.S. tax liability and filing requirements in 2013. With … Read more