Before You Take That Dream Job
You just received notification that your company is sending you to work in Bali. Not only are you going to reap the rewards of a sunny locale but Uncle Sam may benefit also....
07 June, 2013
You just received notification that your company is sending you to work in Bali. Not only are you going to reap the rewards of a sunny locale but Uncle Sam may benefit also....
Out of all of the IRS reporting requirements, Foreign Bank Account Reporting (FBAR) can seem the most daunting. After all, taxpayers who are non compliant can be subject to civil or criminal penalties. Think: $100,000 fine per account, or half of each account’s value per...