🚨$10,000 PENALTY ALERT! IRS Just Changed the Rules for Foreign Accounts
Автор: US Updates
Загружено: 2026-02-14
Просмотров: 553
Описание: Worried about the new IRS foreign account reporting rules and the risk of a $10,000 FBAR penalty? This video clearly explains the latest IRS compliance update, who must file FBAR and Form 8938, and how everyday immigrants, green card holders, retirees, and U.S. taxpayers with overseas accounts can stay fully compliant. Learn how foreign bank accounts, international investments, inherited assets, and even inactive accounts can trigger reporting requirements, plus the exact steps to avoid costly mistakes, understand non-willful vs willful violations, and protect yourself from unexpected IRS penalties. If you live in the U.S. and maintain any financial ties abroad, this breakdown of foreign asset reporting, tax compliance, and international tax rules will help you stay informed, organized, and penalty-safe. #irs #fbar #foreignaccounts #taxcompliance #usform8938 #immigrationnews #irstaxupdate #foreignassets #taxreporting #usatax #financialcompliance
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