IRS is Cracking Down on Taxpayers who have Unreported Income and Investments Overseas, Warns Perfect Tax

Tue, 30 Apr 2013 21:05:00 GMT

There are several foreign compliance reporting requirements for Global income and investments. Penalties for missing these requirements are serious.

(PRWeb April 30, 2013)

Read the full story at http://www.prweb.com/releases/2013/4/prweb10579082.htm

Foreign Bank Account Owners report Foreign Financial AC & assets by June 30th for 2011 or file FBAR Amnesty to save from IRS Financial and Criminal Penalty.

Fri, 29 Jun 2012 14:00:00 GMT

If your aggregate balance from 2003 to 2011 exceeds $10K even for one day in your Foreign Bank Accounts, Life Insurance Policy, Retirement Accounts, Stocks, Mutual Funds, Rental Property or Business assets you have to report FBAR. Foreign Financial Institutions have Treasury mandate to report these accounts to them under FATCA law which was part of 2010 new hire act. Perfect Tax can help you reduce penalty from 0% to 27.5% under IRS FBAR Amnesty.

(PRWeb June 29, 2012)

Read the full story at http://www.prweb.com/releases/2012/6/prweb9644520.htm

FBAR - PRWeb Press Release Group

IRS is Cracking Down on Taxpayers who have Unreported Income and Investments Overseas, Warns Perfect Tax

Foreign Bank Account Owners report Foreign Financial AC & assets by June 30th for 2011 or file FBAR Amnesty to save from IRS Financial and Criminal Penalty.