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Tag: FATCA

FBAR vs FATCA: Foreign Account Reporting Requirements, Thresholds and Penalties Explained

Jamiu Bakare, CPA, EA, CFA | Baccus Consulting

June 14, 2026

International & Cross-Border Tax

FBAR and FATCA are two separate foreign reporting regimes that can apply to U.S. taxpayers with foreign accounts and foreign financial assets. Learn the key differences, reporting thresholds, filing requirements and penalties for non-compliance. Read more
U.S. Taxes for Americans Living Abroad: A 2026 Comprehensive Expat Tax Guide

Jamiu Bakare, CPA, EA, CFA | Baccus Consulting

February 27, 2026

Tax Insights, International & Cross-Border Tax

Americans living abroad are still subject to U.S. tax on their worldwide income. This comprehensive 2026 expat tax guide explains key filing requirements, including the Foreign Earned Income Exclusion (FEIE), Foreign Tax Credit (FTC), FBAR and FATCA reporting, PFIC rules for foreign investments, foreign rental property taxation, Form 3520 gift reporting, and state residency considerations. Read more

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