Day: June 25, 2014

IRS Announces New Amnesty Program for FATCA Problems

FATCA Amnesty

June 26, 2014 By: Diane Kennedy, Contributor FATCA (Foreign Account Tax Compliance Act) goes into force on July 1, 2014. The IRS has already extended the deadline for 2 years for financial institutions that aren’t in compliance yet, but have made progress to come into compliance. FATCA has a couple of components. One targets foreign […]

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