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IRS Audit - FBAR filing for offshore accounts

Started by long_time_lurker_24 · May 3, 2024 · 973 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
LT
long_time_lurker_24 OP

I'm in a difficult situation and trying to figure out my next steps.

FBAR filing for offshore accounts. I've been dealing with this for about 6 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but the other party is not cooperating.

What are the risks if I pursue this? What's the likely timeline?

AJ
average_joe_8

I see this constantly on this sub.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

BB
broke_but_hopeful_22

Real talk: i talked to a lawyer when this happened to me. Worth every penny.