The Space for Expatriates
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If you have combined highest balances in foreign bank accounts, financial accounts, including accounts not owned by you but on which you sign, you must file an FBAR each year or incur a $10,000 per year penalty for failure to file. The Banks in Mexico will this year start reporting that information to the IRS who will then match it against filed FBARs and start assessing those penalties. We recommend you begin filing immediately and look into filing for past unfiled years.
Posted on May 4, 2014 at 11:08am
FATCA FOR DUMMIES
Tax Reporting for USA Tax Payers living abroad
At this informative seminar you will learn about:
Posted on June 16, 2013 at 4:45pm
For over 22 years we have provided US expatriate and international tax return preparation for clients in Mexico. We can help you may the lowest US taxes and integrate your US tax matters into your Mexico taxes to achieve the optimum results. We only prepare expatriate tax and international tax forms.
Visit our website at www.TaxMeLess.com Email us at …Continue
Posted on May 25, 2013 at 9:27am
Read More about the new IRS Program here. http://us-mexicantax.blogspot.mx/2012/06/irs-announces-efforts-to-help-us.html
We can help you prepare past returns and FBARs and enter the New program described in…Continue
Posted on June 26, 2012 at 5:43pm
The report of your foreign bank accounts, foreign stock brokerage accounts, foreign deposits, foreign life insurance cash surrender value, etc. that you own or sign on (even though you do not own it) is due on 6/30/12.
To read more about how to file on line and the potentially enormous penalties read our blog at …Continue
Posted on June 24, 2012 at 8:57am