Foreign Tax Credit Latest News

The Knowledge Group has announced today that Michael N. Schwartz, Director, WeiserMazars LLP, will speak at a 2-hour webcast entitled “Understanding New IRS and Treasury Foreign Tax Credit Regulations and Guidance LIVE Webcast.”

Effective September 1, 2012 American expatriates living abroad who failed to timely file a federal tax return or FBARs (Reports of Foreign Bank and Financial Accounts) have an opportunity to become compliant with the US tax law.