Tag: FATCA

Is The IRS Reading Your Mind? Re – Your Foreign Accounts?

July 31, 2022 1 Comment

Today I’m going to show you how the IRS gets information about your foreign accounts.
They know how much you have in there, and they know when you reach certain thresholds They know when you should be reporting this and when you shouldn’t.

Overseas Assets – Watch Out For These 4 Tax Issues

May 20, 2021 1 Comment

My first post on retirement daily discusses tax issues to be aware of, if you own any type of non-US financial assets. The focus is on keeping the taxman happy, saving yourself some money and future stress if you have non-US financial ties.

The Top 5 Things to Know About FBAR Filing

March 17, 2021 2 Comments

If you own any cash or securities type of assets in a foreign country, you might need to file an FBAR at tax time. Your top questions on the topic answered.

Tag: FATCA

Is The IRS Reading Your Mind? Re – Your Foreign Accounts?

Overseas Assets – Watch Out For These 4 Tax Issues

The Top 5 Things to Know About FBAR Filing

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Elgon Financial Advisors is a Registered Investment Advisor in Austin, Texas with clients nationwide.

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