The Tax Code Reads as Follows: Any United States person who has a financial interest in or signature authority, or other authority over any financial account(s) in a foreign country is required to file a Report of Foreign Bank and Financial Accounts (FBAR), if the aggregate value of these accounts …
Read More »The Facts About Unclaimed Tax Refunds
Were you filling out your 1040EZ this year wondering if you had some money somewhere that you didnt know about? The fact is that the IRS says that there is money that may belong to you. For instance, the IRS says that they have 73 million dollars in refunds that …
Read More »Get A Tax Accountant And Leave April To The Showers
For most US citizens, April 15 mans only one thing: its time to pay Uncle Sam his due. And in the weeks leading up to April 15, taxpayers in the US frequently develop all the signs of tax preparation overload. There are shoeboxes full of receipts, piles of various tax …
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