Venar Ayar, JD, LLM (Tax)
August 28, 2020 No Comments
Do you hold overseas banking accounts? Do your foreign accounts exceed $10,000? Have you failed to disclose foreign holdings to the IRS? If you answered “yes” to any of these…
Venar Ayar, JD, LLM (Tax)
April 13, 2020 No Comments
If you have money in foreign bank accounts, you are not immune from disclosing that information to the IRS. The Foreign Account Tax Compliance Act (FATCA) requires foreign financial institutions…
Venar Ayar, JD, LLM (Tax)
November 18, 2019 No Comments
If you failed to file FBARs for one or more tax years, you have several options for correcting your noncompliance. The best option for your situation will depend on many…
Venar Ayar, JD, LLM (Tax)
June 17, 2016 No Comments
As a US tax lawyer, I see ghosts. Poltergeists, actually – the ghosts who cause real damage. The poltergeists are certain types of foreign financial assets which are perfectly normal…
