offshore accounts Archives
Subscribe via RSS Feed Connect on LinkedIn View videos on YouTube

Tag: offshore accounts

E-Filing Requirement for FBAR

E-Filing Requirement for FBAR

Effective July 1, 2013, those required to file FBARs (Report of Foreign Bank and Financial Accounts) must do so online through an e-filing portal on the Department of the Treasury’s website.

Continue Reading »

6 Lessons from Report on Foreign Trust Abuse

6 Lessons from Report on Foreign Trust Abuse

A recent ICIJ report details the abuse of offshore trusts and accounts for tax evasion and money laundering. The report serves as a reminder that there are significant risks associated with improper planning and dealing with inexperienced planners. We have identified six lessons that the report provides on dealing with offshore trusts and accounts.

Continue Reading »