01 July 2014 (14:37 UTC-07 Tango)/03 Ramadan 1435/10 Tir 1393/05 Xin-Wei 4712
Beginning now, a new Fair and Trade Accurate Transaction Act (FACTA) rule goes into effect: Any foreign bank account belonging to a U.S. citizen living abroad, which has $50-thousand or more, must be reported to the U.S. Treasury or that foreign bank could […] Continue Reading…