US Expat Taxes – Who Has To File In 2022?

The U.S. is one of just two countries in the world that tax based on citizenship. (The other is Eritrea, in Africa). Taxing based on citizenship means that […]

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The Sky’s the Limit: FBAR Penalty Win for IRS – Recent Case Upholds 50% of Account Balance

I have been keeping readers up to date with the current controversy surrounding imposition of an FBAR penalty for “willful” violations.  Two courts have limited the FBAR “willfulness” […]

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FBAR “Willful” Penalty: Recent Case, Taxpayer “Charged With Knowledge”

Offshore bank accounts file

I blogged recently about the fact that mounting court cases have given the stamp of approval for the Government to meet a lower “burden of proof” in demonstrating […]

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US Tax Perils of International Community Property

US tax liabilities and requirements to file US tax and information returns are impacted by community property laws that exist in many foreign countries across the globe.  Today’s […]

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