How to Report Foreign Assets on US Taxes and Save on Penalties

Chugh CPAs, LLP Partner, and CPA Baljeet Singh covers reporting requirements for foreign assets earned or held overseas. He discusses how to file taxes for your foreign assets including real estate (rental income, sales), mutual funds, and more. Additionally, the presentation covers penalties incurred for failing to file information returns FBAR and Form 8938, and which individuals must file them. #ustaxforeignincome #foreignincometax #ustaxes #fbar Speaker: #BaljeetSingh, Partner & CPA, [email protected] [https://chugh.net/our-team/baljeet-si...]