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KellieRuffin82

  1. Fincen Form 114 Vs Irs Form 8938

    FATCA created Form 8938, an additional foreign account reporting requirement over and above the Report of Foreign Bank and Financial Accounts or Form FinCEN 114that needs to be filed with the U.S. If you have a financial account maintained by a foreign financial institution and the value of your specified foreign financial assets is greater than the reporting threshold that applies to you, you need to report the account on Form 8938. A foreign account is a specified foreign financial asset even ...
  2. Fbar Versus Fatca Form 8938

    If you decline cookies, we will only deliver cookies necessary to operate this website and remember your cookie preferences. This website may use other web technologies to enhance your browsing experience. In this blog, we explore a scenario where income is not earned in the United States, nor is it earned in a foreign country, but rather in international waters, a significant area of the world that is not under the territory of any one particular country. This past week, the IRS published its annual ...