Contact UsIf I have bank accounts or other property outside the U.S., what U.S. reporting is required to be fully compliant with all U.S. laws?
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Abraham Itani, CPA
Basically you would have an FBAR filling requirement if the aggregate sum of your accounts exceed US $10,000 at any point in time during the year, you might have FATCA reporting too.
The other property need to discuss in detail to determine what kind of reporting would be required.
If you have not filled your FBAR for prior years, the IRS has its third amnesty program on going, if you need help please let me know.
I hope this answered your question.
Regards,
Abraham Itani, CPA
www.itanitax.com
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597 weeks ago
The other property need to discuss in detail to determine what kind of reporting would be required.
If you have not filled your FBAR for prior years, the IRS has its third amnesty program on going, if you need help please let me know.
I hope this answered your question.
Regards,
Abraham Itani, CPA
www.itanitax.com