Hurricane Irene Pushes IRS To Extend Tax Deadline – Wall Street Journal
–U.S. taxpayers with overseas bank accounts get until Sept. 9 to apply to an IRS amnesty program due to hurricane.
–U.S. taxpayers must report foreign bank accounts if their aggregate value tops $10,000 at any time in a calendar year.
–OVDI program promises reduced penalties to those who report their money in overseas accounts.
Hurricane Irene hammered the East Coast …
–U.S. taxpayers with overseas bank accounts get until Sept. 9 to apply to an IRS amnesty program due to hurricane.
–U.S. taxpayers must report foreign bank accounts if their aggregate value tops $10,000 at any time in a calendar year.
–OVDI program promises reduced penalties to those who report their money in overseas accounts.
Hurricane Irene hammered the East Coast …
Tags: accounts-get, aggregate, amnesty-program, bank-accounts, coast, east, irene, overseas-bank, taxpayers-must, their-aggregate
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