Brotman University – International

FBAR Penalty Appeals and Compliance Programs

If you have been penalized by the IRS for FBAR violations, there is hope. We explore some of the penalty appeals and compliance programs available to taxpayers to avoid excessive fines and jail time.

Penalties For Non-Willful Violations

Did you know you are required to file a FBAR form if you have overseas accounts? If not, you could be in trouble with the IRS. Find out how to prove your innocence and avoid steep penalties.

Penalties For Willful Violations

If you knowingly did not file a FBAR form to disclose your foreign financial dealings, expect costly IRS penalties or worse. Take some advice from a top tax attorney on how to set things right.

Other Important Filing Requirements For Those With International Interests

International tax compliance is complicated. Learn from a top U.S. tax attorney which forms you need to file if you have international interests to stay off the IRS’ radar.

Filing Requirements For Those With An Interest In Foreign Corporations, Form 5471

Having interest in foreign corporations is not illegal. Failing to disclose it is. A top tax attorney explains why you need to file IRS Form 5471.

Filing Requirements For Those With Foreign Assets, Form 8938

An experienced tax attorney explains filing requirements for those with foreign assets and how to complete Form 8938.

Filing Requirements For Trusts & Gifts: Form 3520/3520A

Any income you receive from foreign trusts needs to be disclosed to the IRS. The same goes for bequests or gifts. Learn about the filing requirements for IRS Form 3520.

International Tax Considerations For Individual 1040 Filings

When you file your individual 1040 tax form, do not forget any international tax considerations you have. Confused? Keep reading and we will show you what to do to avoid problems with the IRS.

What Is Foreign Bank Account Reporting (FBAR)?

If you have money in overseas bank accounts, you have not escaped IRS scrutiny. If you have not heard of Foreign Bank Account Reporting (FBAR), read this chapter to understand the consequences of noncompliance.

Types Of Foreign Income That Trigger Filing Requirements

If you are a nonresident but earn income from U.S. sources, then you owe taxes to the IRS. To find out which foreign income triggers filing requirements, read this advice from a top U.S. tax attorney.

U.S. Taxpayers & Considerations For Dual-Status Tax Filers

Whether you are moving to or away from the U.S., you could face U.S. tax consequences. The big question is if the IRS deems you a U.S. citizen. We have answers for dual-status filers.

The Ultimate Guide To International Taxation

International Tax Compliance — the U.S. Departments of Justice and Treasury are joining forces with the IRS. Are you on their list?

U.S. Taxpayers and Considerations for Dual-Status Tax Filers

International tax issues are very complex and if errors are made, the penalties can be quite steep.

FBAR Penalty Appeals and Compliance Programs

If you have been penalized by the IRS for FBAR violations, there is hope. Learn options available to taxpayers to avoid excessive penalties and jail time.

Establishing Residency or Domicile in California Can Be Taxing

Did you know that a 2020 California FTB guideline states “if you are impacted by the COVID-19 pandemic, it is one of the factors we will consider as we apply the general rules for residency and income sourcing?”

Penalties for Non-willful Violations

Did you know you are required to file a FBAR form if you have overseas accounts? If not, you could be in trouble with the IRS.