FBAR reporting and AFP&AFC

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eeuunikkeiexpat
Rank: Chile Forum Citizen
Posts: 8295
Joined: Fri Sep 01, 2006 1:38 am
Location: Megalith of unknown origin near my digs, south V Region coast

Re: FBAR reporting and AFP&AFC

Post by eeuunikkeiexpat » Fri Oct 16, 2020 2:04 pm

Get a real good tax lawyer to properly submit the amended tax returns and the 6 years of FBAR's. Treasury used to have a come clean program but I believe it ended two years ago. I heard there could be a 5% penalty depending...better get a GOOD tax attorney.
There are two ways to be fooled.

One is to believe what isn't true;

the other is to refuse to believe what is true.

- Søren Kierkegaard

Zenth
Rank: Chile Forum Citizen
Posts: 548
Joined: Sun Feb 08, 2009 7:16 pm
Location: Austin, Texas Formerly NYC, NY

Re: FBAR reporting and AFP&AFC

Post by Zenth » Fri Oct 16, 2020 3:36 pm


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