Sallie J. Faucett


  • Monday, May 21, 2012
    The Hiring Incentives to Restore Employment (HIRE) Act in 2010 includes the Foreign Account Tax Compliance Act (FACTA), which requires certain individual taxpayers to file Form 8938, Statement of Foreign Financial Assets, commonly referred to as Tax FBAR. This new reporting requirement is in addition to filing Treasury Department Form 90-22.1 (Report of...