Closing A Foreign Bank Account Will Not Solve A Taxpayer’s Disclosure Problem
By EsqSocial Corporation 22/04/21
IRS is interested in U.S. Taxpayer financial accounts everywhere in the world. If the IRS learns that a Taxpayer has undisclosed reportable accounts or income before a US Taxpayer reports them, the Taxpayer can face serious consequences including criminal prosecution....
By: Foodman CPAs & Advisors