Top Tweets for #FBar
June 15 is not a free pass to wait, joint foreign accounts may still need to be reported, and the Foreign Earned Income Exclusion is not automatic just because you live abroad.
https://t.co/Ik2GSjPqHJ
(561) 715-0630
#ExpatTaxes #AmericansAbroad #FEIE #FBAR #ExpatriateTaxReturns
Tax compliance is evolving β and so are we.
At Accelero, weβre leveraging the power of AI-driven automation to make global tax compliance faster, smarter, and more accurate.
#AIinTax #AITax #TaxAutomation #TaxCompliance #GlobalTax #CrossBorderTax #FBAR #DigitalTransformation
Joint foreign accounts can still create reporting obligations for Americans abroad.
#ExpatTaxes #FBAR #AmericansAbroad #TaxCompliance #ExpatriateTaxReturns
The IRS is entering a new era of AI-powered tax monitoring β and taxpayers need to be prepared.
#IRS #AITaxMonitoring #TaxCompliance #GlobalTax #IRSUpdates #TaxAlert #CrossBorderTax #ForeignIncome #FBAR #FATCA #CryptoTax #TaxPlanning #FinancialCompliance #InternationalTax
The Isac Schwarzbaum #FBAR story continues β¦
Florida court orders that he be arrested for failure to repatriate money to the USA so that it can be seized by the U.S. government in satisfaction of his penalties.
Could extradition be next?
https://t.co/SYub92FR2K
AARO is preparing an amicus brief in a major FBAR penalty case now on appeal, and we need the help of our members.
https://t.co/nUtnpR5CKZ
1/n
An American doctor plans to follow his Canadian wife to Canada for love. The IRS could follow him forever. Read why U.S. #doubletaxation, #FATCA, #FBAR and other unfair and discriminatory filing requirements are ruining the American dream for millions of ordinary Americans -- and what Congress can do to fix this. @WaysMeansCmte @WaysandMeansGOP @SenFinance @SenateFinance @YourVoiceAtIRS @RepLaHood @SenToddYoung #USAbroad #expats
https://t.co/1QwCSxbAAZ
This week wrote to Sen. Finance Committee Chairman Mike Crapo in a statement for the record. Read the letter on our blog:
https://t.co/GpjSPRzK7d
#enddoubletaxation #fatca #fbar #gilti
@WaysMeansCmte @WaysandMeansGOP @SenFinance @SenateFinance @YourVoiceAtIRS @RepLaHood @SenToddYoung
Reminder to all with @TaxResidency in Canada. The CDN Form T1135 combines features of both US #FBAR and Form 8938.
New disclosure program to fix:
https://t.co/54HdsTduOF
Canadians who fail to report foreign assets to the CRA risk audits, penalties https://t.co/p881p1cCAd
It is important that all #Americansabroad support @AARO in their filing an amicus brief to argue that #FBAR penalties (in certain circumstances) violate the 8th Amendment which prohibits the imposition of excessive fines. See belowπ
https://t.co/jqgoXnbAaZ
@WaysMeansCmte @WaysandMeansGOP @SenFinance @SenateFinance @YourVoiceAtIRS @RepLaHood @SenToddYoung It's high time members of Congress take note of the pain that #doubletaxation, #FATCA, #FBAR and other such extraterritorial obligations place on Americans and American-owned businesses abroad.
#USAbroad
Happy Tax Day? For American eagles abroad who already pay taxes where they live, it is a form of animal cruelty.
@WaysMeansCmte @WaysandMeansGOP @SenFinance @SenateFinance @YourVoiceAtIRS @RepLaHood @SenToddYoung
#taxfairnessnow #expats #taxation #Congress #FBAR #FATCA #GILTI #PFICs
@nolimitlearn It was raised in the face of unpredented demand following the US imposing #FATCA law which alerted other nations residents, citizens and taxpayers that the US was looking for some money as well.
They try to stem the demand with fees rather than end abusive tax policies. #FBAR
@Lucky1loulou @MikeBre14267200 @HeidiHasz @JCDoubleTaxed @elonmusk @WhiteHouse @JDVance @realDonaldTrump Thank you for acknowledging that. The reporting requirements under #FATCA and #FBAR are hard too.
Distance doesnβt hide tax obligations.
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π [https://t.co/8IZVtbaxXo]
#AoneOutsourcing #IRSCompliance #FBAR #GlobalTax #ExpatTaxes #TaxCompliance #InternationalTax
![Aoneoutsource's tweet photo. Distance doesnβt hide tax obligations.
Stay compliant, avoid penalties, and file with confidence with Aone Outsourcing.
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π [https://t.co/8IZVtbaxXo]
#AoneOutsourcing #IRSCompliance #FBAR #GlobalTax #ExpatTaxes #TaxCompliance #InternationalTax https://t.co/Oz5sgjUvsP](https://pbs.twimg.com/media/HDLsn7ubYAAa7Hp.jpg)
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