I posted something similar on a Canadian thread but maybe I'll have more luck here. I am currently a 19 year old Canadian but am a dual citizen of the U.S as well. Last Scrabble Word Finder November I tried investing in Tangerine non-registered Investment Funds (mutual funds) and realized I got Solitaire myself into a huge mess, because now I think I have to file form 8621, the FBAR, and I don't even know what. If anyone could help me out a little bit that'd be great because I'm a college student and I really don't have the money that cross-border accountants want (almost 2.5k!) so I'm trying real hard to do this myself. Speed Test
Dear All, One of my clients received a Show cause notice from AO u/s 270A for under-reporting of income on account of certain expenditures disallowed by AO. Please kindly provide me a suitable reply for this Penalty notice. It's urgent.