Gary Bode, CPA: Form 8938 reports your foreign assets to the IRS. For a free phone consult, please call (910) 399-2705.
The IRS demands to know about your foreign assets. But Form 8938, Statement of Specified Foreign Financial Assets, isn’t strictly for expats. I expect to see it used extensively with our domestic clients too. If . . . → Read More: Form 8938 CPA discusses Reporting Requirements | Expat Taxes | Foreign Assets