The substantial presence test decides U.S. tax residency by day count. How the 31 day and 183 day thresholds, the weights, and the exceptions work in…
Read full articleForm 5471 reports your interest in a foreign corporation. See the nine filer categories, the 2026 penalty rules, and how to fix a missed year.
Read full articleFBAR signature authority can require you to file FinCEN Form 114 on foreign accounts you do not own. Here are the 2026 rules, exceptions, and deadlines.
Read full articleFiling a late FBAR in 2026: the IRS ended its penalty-free delinquent program on July 1, so here is how to file now, the penalties, and…
Read full articleFBAR vs Form 8938 in 2026: how the two foreign-account reports differ, who must file each, the thresholds, the penalties, and whether you file both.
Read full articleEstimate 2026 FBAR penalty exposure in seconds. Non-willful penalties reach $16,536 per year and willful penalties the greater of $165,353 or half the balance. Free calculator…
Read full articleThe IRS Streamlined Filing Compliance Procedures let non-willful taxpayers catch up on unfiled FBARs. Eligibility, the 5 percent penalty, and 2026 status.
Read full articleFBAR penalties in 2026 reach $16,536 per year for non-willful violations and far more if willful. How the penalties work, Bittner, and how to reduce them.
Read full articleDo I need to file an FBAR? A clear guide to FinCEN Form 114 filing requirements, the $10,000 threshold, the difference between FBAR and Form 8938,…
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