Treasury and the Internal Revenue Service have made several announcements in the past fews days as the steady march of FATCA implementation continues. 2. On January 7, 2015, the IRS published an ...
Cryptocurrency is a decentralized virtual currency. Unlike traditional currency, it exists independently of any government or financial institution. Additionally, it can be sent between users without ...
It’s taken some time, but it’s harder for U.S. citizens to hold foreign accounts away from the eyes of the IRS. FATCA, the Foreign Account Tax Compliance Act, was signed into law in 2010 with the goal ...