Breaking News: FATCA Delayed by Two Years!
May 29, 2014 By: Diane Kennedy, CPA After this exciting headline, your first question might be, “What is FATCA and why do I care?” Let’s start there. FATCA (Foreign Account Tax Compliance Act) came about in 2010 as part of the HIRE Act. This added chapter 4 to Subtitle A of the Code. “Chapter 4” […]