IRS Enforcement Is Increasing for Foreign Accounts: What U.S. Expats Must Know in 2026
Why Foreign Account Reporting Is a Major Focus in 2026 IRS enforcement surrounding foreign accounts continues to increase in 2026. With expanded international data sharing and automated compliance systems, discrepancies are easier than ever to detect. If you are a U.S. citizen living abroad, foreign account reporting is not optional. Even if no tax is…
