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Chapter 15: To be "FORMWarned is to be "FORMArmed" - It's "FORM Crime" stupid!!
Chapter 15: To be “FORMWarned is to be “FORMArmed” – It’s “FORM Crime” stupid!!
Introduction … Since writing the draft of this post, I have written a separate post: https://twitter.com/ExpatriationLaw/status/757228361060081664 Forms and the life of an American citizen … https://twitter.com/ExpatriationLaw/status/639141061877727232 (more…)
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Flott& Co. is a business law firm that focuses on international taxation, but also assists businesses and individuals with international transactions and cross-border commercial matters, US citizenship and expatriation issues, including US Foreign Bank Account Report (FBAR) and Foreign Account Tax Compliance Act (FATCA) compliance.
These Tax Mistakes Allow IRS To Audit You...Forever
When you finish the annual drudgery and file your taxes, you’re done, right? Not hardly. Even if your identity hasn’t been stolen and you get a refund right away, you’re not really done. The IRS normally gets three years to audit. In some circumstances–for example where the issue involves offshore accounts–the IRS gets six years.
Tax lawyers and accountants are used to monitoring this exposure,…
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