Form 8938: What You Need to Know About Reporting Specified Foreign Financial Assets 🌍📄
If you’re a U.S. taxpayer with financial assets outside the U.S., you may need to file Form 8938. This form helps the IRS track foreign financial assets, ensuring all your income is properly reported. While it may seem overwhelming at first, we’re here to break it down for you so you can stay compliant and…
