Mel Whitney
- Non-resident taxation
- Real estate taxation
- Tax optimization
- Bachelor of Science in Business Administration
- Humboldt State University
Articles
FinCEN Form 114: FBAR form filing instructions, who must file, and what to report
FBAR (FinCEN Form 114) is the Report of Foreign Bank and Financial Accounts – a disclosure filed separately from your federal income tax return through FinCEN’s BSA E-Filing system, not with the IRS. If the aggregate value of your foreign financial accounts exceeds $10,000 at any time during the calendar year, you generally must file....
Delinquent FBAR Submission Procedures removed in 2026: how to file late FBARs now
The Delinquent FBAR filing procedures historically covered an FBAR-only probl...
Who is exempt from FATCA reporting? FATCA exemptions, thresholds, and exemption codes (2026)
Most US expats who ask whether they are exempt from FATCA reporting are not actually exempt – they are simply below the ...
FBAR penalties in 2026: amounts, violations, and when they are reduced
Most late FBAR cases do not automatically lead to maximum penalties. The biggest risk factor is whether the IRS sees the failure as non-willful or willful. ...
PTEP regulations explained: Previously taxed earnings and profits rules for US expats in 2026
Previously taxed earnings and profits, or PTEP, are amounts already included in a US shareholder's gross income that can be distributed tax-free when repatriated from a controlled foreign corporation. The exclusion is governed by ...