TIGTA’s FATCA Findings Put Non-filers on Notice

Foreign financial accounts serve many entirely legitimate purposes for US taxpayers, from diversification of wealth to the practical needs of cross-border life and business. These same accounts also offer a familiar means of concealing income from the IRS. Congress and the Treasury Department have responded over the years with a layered set of reporting obligations, […] The post TIGTA’s FATCA Findings Put Non-filers on Notice appeared first on The CPA Journal.

This article is sourced from Robert J. McLeod, JD. Click below to read the complete article on their official website.