IRS Just Tightened Foreign Account Rules — $10,000 Penalties Explained
Автор: Immigration Signal USA
Загружено: 2026-02-11
Просмотров: 131
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IRS Just Tightened Foreign Account Rules — $10,000 Penalties Explained
The IRS just tightened foreign account reporting rules. If you're a green card holder, naturalized citizen, or immigrant with bank accounts, investments, or assets in your home country, penalties now start at $10,000 for failing to report them.
In this video, you'll learn: ✅ FBAR and Form 8938 requirements explained ✅ New $10,000+ penalties for non-compliance ✅ How the IRS finds unreported foreign accounts ✅ Real examples of immigrants facing penalties ✅ How to get compliant using Streamlined Filing Procedures
Whether you have a savings account back home, send money to family, or have inherited investments overseas, this video will help you avoid costly IRS penalties.
⚠️ DISCLAIMER: For informational purposes only. Not legal or tax advice. Consult a qualified tax professional for your specific situation.
FBAR, Form 8938, IRS foreign account penalties, green card taxes, immigrant tax compliance, FATCA, foreign bank account reporting, $10000 IRS penalty, streamlined filing, naturalized citizen taxes, H1B taxes, foreign assets, citizenship tax compliance, IRS enforcement 2026
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