Tag: FBAR

The U.S. Justice Department is suing a Canadian resident for the equivalent of $1.1 million Cdn, saying he failed to file a form to the U.S. government listing his bank accounts outside the United States. Jeffrey Pomerantz, a Vancouver-area resident with dual Canadian-U.S citizenship, filed his income tax returns to the IRS and the CRA during the three years in question but didn’t file a second form called the Report of Foreign Bank and Financial Accounts (FBAR). “This has been a friggin’ nightmare,” said Pomerantz when reached by CBC News. In the…

Read More