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 Form 14653 March Department of the Treasury 2025

14653 2025 Form

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Video instructions and help with filling out and completing Form 14653 March Department Of The Treasury

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Instructions and help about form 14653

If you missed an international information reporting requirement on your U.S. tax return, there's a minimum $10,000 penalty exposure that you're up against. I'm going to show you in this video how you can potentially avoid that. Specifically, what I'm going to show you, we're going to walk through the progression that I go through with my clients or people that come to me as to what different options they have to get themselves back into compliance and avoid the international penalties. You know, a lot of times what I like to do is tax planning, and that's really what got me into this business originally, was helping people become more efficient from a global tax perspective. But the reality is there's a lot of confusing forms that need to be filed for just normal, everyday people that have international assets, international businesses. And some of these reporting requirements just get missed. People don't know the rules necessarily, or maybe sometimes

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