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Foreign accounts call for specific reporting requirements

$225.00

SKU: PFPma154. Category: .

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Abstract: Investors who have a financial interest in or signature authority over any foreign accounts, including bank accounts, brokerage accounts, mutual funds or trusts, must disclose those accounts to the IRS. This article details how to disclose offshore accounts with the IRS and explains the penalties that can result from failing to do so.

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