The reporting of foreign assets doesn't have to be a headache!

Compliance with reporting of foreign assets: tips for US expats to avoid stress

The United States takes a dim view on citizens who try to avoid taxes and/or hide assets overseas. These laws were formulated primarily to clamp down on criminal activity, for example drug dealers, tax avoiders and terrorists. ¬†Nevertheless, ordinary citizens sometime find themselves impacted for non-compliance regarding reporting of foreign assets. Yes, you can be …

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