What’s Next for US Taxpayers With Undisclosed Foreign Assets?

The United States is a nation of immigrants, many of whom arrive penniless, though many others accumulated wealth in their home countries. There are also numerous U.S. citizens who reside abroad, either temporarily or on an extended basis. What they all share is that they’re U.S. taxpayers who are taxed on income, irrespective of where that income is generated. In

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