Try to be an IRS Tax Mr. Model

Try to be an IRS Tax Mr. Model

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Americans like people who come clean, who step up and admit their mistakes, take their medicine, and move on

US citizens and permanent residents must report their worldwide income to IRS. That’s so even if most of your activity is elsewhere in the world.

We know we must be honest and truthful on our tax returns, but we’re also urged to claim everything we’re entitled to.

You must disclose your foreign accounts on an FBAR. 

The tax penalties for failure to report your worldwide income can be severe, but the penalties for failure to file FBAR forms are far worse.

HAVE YOU MORE QUESTIONS ON FBAR PLEASE CLICK HERE: WWW.FBARONLINE.COM