Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
Discover the key aspects of filing the Report of Foreign Financial Assets (Form 8938). Learn the requirements, asset types, ...
Eric's career includes extensive work in both public and corporate accounting with responsibilities such as preparing and reviewing federal, state, and local tax filings; supporting multinational ...
Of all the international information return obligations, the IRS Form 8938, Statement of Specified Foreign Financial Assets, is a relative newcomer. Enacted as part of the Hiring Incentives to Restore ...
Recent data from the Information Technology and Innovation Foundation reveals that only a tiny percentage of government forms are compliant with a law meant to spur digitization. It’s 2021, not 1991, ...