Paying taxes is a necessary evil, but U.S. expats and foreign citizens living in the States have a tickler tax picture than most. Cross-boarder professionals (i.e., working professionals living in a country other than their country of birth) face a far more complicated and confusing tax picture than most people. Having financial affairs outside of… Read More
Taxpayers having a financial interest or signature authority over any foreign financial account such as a bank account, a securities account, or other types of financial accounts in a foreign country outside the U.S boarders must report these accounts to the Department of the Treasury if their aggregate balance exceeds $10,000 at any time during… Read More