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foreign account reporting

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FATCA Reporting Requirements UK Bank Accounts Guide

FATCA Reporting Requirements UK Bank Accounts Guide

FATCA Reporting Requirements for U.S. Citizens With UK Bank Accounts Americans living in the United Kingdom often assume that their UK bank accounts matter only for UK tax purposes. Unfortunately, the IRS takes a very different view. FATCA reporting requirements UK bank accounts rules now affect millions of US citizens, Green Card holders, dual nationals, […]

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IRS Penalty Fear? How the Streamlined Filing Programme Can Help

IRS Penalty Fear? How the Streamlined Filing Programme Can Help If the words “IRS penalty fear“ make your stomach drop, you are absolutely not alone. Thousands of Americans living abroad — and countless British residents who hold US citizenship — lie awake worrying about what might happen if the Internal Revenue Service discovers years of […]

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