25: What Is FATCA And The FBAR? Who Should Be Filing Foreign Accounts On Their Taxes - a podcast by Kelly Phillips Erb

Foreign bank accounts aren’t necessarily for mustache-twirling villains and the superwealthy, but they do trip up plenty of people when it’s time to file their taxes. With foreign accounts becoming more common among everyday people and the minimum amount required to file being so low, it can be easy to not even realize you need to file an FBAR. Missing an FBAR on your taxes can wind you in hot water with the IRS’s FATCA and rack up hefty fines.

Further episodes of Taxgirl Podcast

Further podcasts by Kelly Phillips Erb

Website of Kelly Phillips Erb