IRS Form 8938 Or FBAR?
- Wednesday, April 4, 2012, 2:40
- Entrepreneurs
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If you have a foreign bank account or assets, you hopefully know how many IRS eyes are on you. See 5 Nations Join U.S. In Tax Evasion Crackdown. While it’s perfectly legal to have money or assets overseas, disclosure and worldwide tax reporting are key. And the issues are getting more rather than less complicated.
http://www.forbes.com/sites/robertwood/2012/04/04/irs-form-8938-or-fbar/