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Reporting Of Foreign Assets

Convert to U.S. dollars using the end of the taxable year exchange rate and report in U.S. dollars. No matter where in the world you reside, our international tax team can get you IRS offshore compliant. We successfully completed several recent disclosures for clients with assets ranging from $50,000 – $7,000,000+. Golding & Golding specializes exclusively in international tax, and specifically IRS offshore disclosure. The Penalties for not filing an 8621 run concurrent with the 8938...

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