April 2018 JD Supra

On April 9, 2018, IRS released Notice (IR-2018-87) to remind Taxpayers that hold foreign assets of their U.S. tax obligations which could include a filing requirement and a U.S. tax liability. This Notice applies to all U.S. citizens and Resident Aliens, including Taxpayers with dual citizenship.  IRS expects Taxpayer Compliance and Voluntary Disclosure.

https://www.jdsupra.com/legalnews/at-any-time-during-2017-did-you-have-a-17072/