Brotman University – International

International Tax Considerations for Individual 1040 Filings

When you file your Form 1040, do not omit information about any overseas holdings you have. Confused? Learn what to do to avoid problems with the IRS.

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. Read this advice from a top U.S. tax attorney.

How to File Delinquent International Tax Returns

If you are not in need of the Streamlined Procedures because you do not owe additional tax, and you have reasonable cause for not filing an informational return, you may file the delinquent international tax returns along with an explanation of the facts that support your claim of having reasonable cause for failing to file on time.

What Is the Offshore Voluntary Disclosure Program?

Previously, the IRS had two programs, Offshore Voluntary Disclosure Program (2009) and Offshore Voluntary Disclosure Initiative (2011), which have been discontinued.

How to Appeal an FBAR Penalty

If you cannot come to an agreement in resolving the issue in the IRS examination stage, you still have a right to appeal your FBAR penalty.

FBAR Penalties: What Happens If You Don’t File International Taxes

An area of difficulty that has arisen with regard to FBAR cases is the ambiguity of penalties potentially faced by an individual in violation of disclosure requirements.

Types of International Tax Forms

There are many informational forms associated with international taxes and I am not sugar-coating this — they are complicated.

What Is the Foreign Bank Account Reporting

The acronym FBAR stands for Foreign Bank Account Report and refers to a disclosure form that must be filled out by certain taxpayers with respect to financial accounts maintained abroad.