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IRS FBAR Compliance Saves You a Lot of Money

Did you know that IRS FBAR compliance saves you a lot of money?  IRS FBAR compliance ensures you disclose all information about offshore accounts, assets, balances and transactions before the IRS comes knocking on your door for an audit.  If you have undisclosed offshore accounts, the IRS will.  There are...

IRS Targeting Billions from Non-Filers

The IRS announced it has a new automated way to raise a substantial amount of taxes from US taxpayers who fail to file US tax returns.  The new announcement from the Treasury Inspector General for Tax Administration says enforcement is aggressively increasing and has new focus at the IRS targeting...

Why does the IRS OVDP Reduce Risk for US Taxpayers in Offshore FBAR Disclosures?

Why is the IRS OVDP or Offshore Voluntary Disclosure Program the safest choice for US taxpayers coming into compliance with IRS FBAR disclosures?  How does the OVDP reduce risk for US citizens and foreign resident nationals who are required to file US tax returns?  The key issue is the IRS'...