Blog

What Is FBAR and What Happens If You Don’t File It?

If you’re a U.S. person in San Diego with money abroad - bank accounts, brokerage accounts, even certain foreign pensions - you may need to file

August 19, 2025 Read More

Got shares in a foreign company? Here’s how to know if Form 5471 is on your to-do list.

If you’re a U.S., San Diego, or Carlsbad business owner, expat, or investor with ownership in a non-U.S. corporation, Form 5471 is the IRS

August 12, 2025 Read More

Streamlined Foreign Offshore Procedures: Fixing Past Foreign Reporting Failures

If you’ve lived outside the U.S. and missed reporting a foreign bank account, investment income, or pension, don’t worry; there’s a solution.

August 5, 2025 Read More

Streamlined Domestic Offshore Procedures: Fixing Past Foreign Reporting Failures

If you've missed reporting a foreign bank account, income, or gift to the IRS, don’t panic; there’s a way to fix it. The IRS created the

July 29, 2025 Read More

Do I Need to Report a Foreign Gift or Inheritance to the IRS?

If you’re a U.S. taxpayer living in San Diego County and you've received a large gift or inheritance from a foreign person or estate, you may be

July 22, 2025 Read More

IRS Audit Timelines: When Can You Relax and When Should You Worry?

Filing your tax return starts the countdown for how long the IRS has to audit you. But when are you truly in the clear? In most cases, your risk of

February 11, 2025 Read More