Thanks everybody for the replies!
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| Net: Unless there is some urgency, you may wish to wait for another "amnesty" program. | |
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To make a long story short, I was forced by my bank to sign a W-9 form (please don't ask for details). What is this W-9 all about? Is my identity going to land on some IRS desk somewhere? Does that make my case urgent? This is really the key question : if I was sure that this W-9 was harmless I would probably go on with my life the way it is at the moment....
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| The real problems are these: | |
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I am aware of the stiff penalties for FBAR and non-filing but I also read about what they call the "reasonable cause". Wouldn't that apply to me? If I faithfully and honestly say why I am in this situation, wouldnt' they undertand?
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| There is an American CPA in Zurich who would have exactly the right experience to help you: Steven E. Kraft (he's in the 'phone book). | |
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It's very difficult to assess the lady I am in contact with (good or bad). I'll definitely get in touch with this Mr Kraft
Thanks for the recommendation.