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Foreign Reporting and Compliances | FBAR, FATCA & IRS Filing Help

Stay compliant with U.S. foreign reporting laws. Get expert help with FBAR, FATCA, and other international tax compliance requirements for individuals and businesses.

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Foreign Reporting and Compliances | FBAR, FATCA & IRS Filing Help

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  1. Foreign Reporting and Compliances: What Every U.S. Taxpayer with Overseas Ties Must Know In today’s global economy, more individuals and businesses are dealing with international income, investments, and bank accounts. With that opportunity comes responsibility — especially when it comes to foreign reporting and compliances required by the IRS and other regulatory authorities. If you're a U.S. citizen, Green Card holder, or resident alien with financial interests or signature authority over foreign assets, it's critical to understand your compliance obligations. Failing to do so can lead to severe penalties. What Is Foreign Reporting? Foreign reporting refers to the mandatory disclosure of foreign financial accounts, income, and assets to U.S. tax authorities. Key forms include:

  2. ● FBAR (FinCEN Form 114) – Required if your total foreign financial accounts exceed $10,000 at any time during the year. ● FATCA (Form 8938) – Required for reporting specified foreign financial assets over certain thresholds. ● Form 5471 / 8865 / 8858 – For U.S. persons with ownership or interest in foreign corporations or partnerships. ● Form 3520 / 3520-A – For foreign trusts, gifts, and inheritances. Why Is Compliance Important? The IRS has ramped up enforcement of international reporting laws under FATCA and other regulations. Non-compliance can result in: Penalties up to $10,000–$100,000 or more Criminal prosecution in extreme cases Loss of tax benefits or deductions IRS audits and reputational damage How US India Tax Inc. Can Help At US India Tax Inc., we specialize in foreign reporting and statutory compliance services for NRIs, expats, and U.S. taxpayers with cross-border obligations. Our services include:

  3. ● FBAR and FATCA reporting ● Compliance with international tax treaties ● Representation before the IRS ● Guidance on foreign income, real estate, and investments ● Streamlined procedures for late filers We understand the complexity of international tax laws and help clients stay fully compliant while minimizing risk and penalties. Stay Ahead of International Tax Obligations If you have income or assets abroad, proactive tax planning and accurate foreign reporting are not optional — they’re essential. Whether you're a business owner, expat, or dual-resident taxpayer, US India Tax Inc. is your trusted partner for foreign compliance and reporting services. Contact us today to schedule a consultation and ensure you're meeting every international requirement the right way.

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