Many taxpayers have ties outside the US and as US Person, you are required to furnish additional financial information to Internal Revenue Service. FBAR is “Foreign Bank Account Reporting,” and FATCA stands for “Foreign Account Tax Compliance Act.” Reporting your foreign transactions and assets can be a daunting task, and we are here to help you every step of the way. We encounter questions related to foreign bank accounts, stock, and mutual fund accounts, life insurance policies, accounts with nomination only, foreign real estate, inheritance, etc.
We are here to educate the clients for reporting procedures and help them bring into compliance with the law. Our firm does not employ scaring tactics to confuse people with accounts outside the US We believe in dissemination of knowledge. Hence we also offer Free Of Cost Seminars to general public. Check out our website frequently to find out about our upcoming seminars.
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