Friday, December 24, 2010

 

AARO - Holiday Greetings

Wishing you all quality holiday time and the very best prospects for the coming New Year.
Thank you all for your support for AARO during the past year(s), here's looking forward to sharing good things with you all in 2011.

Please save the evening of 14th January for our first event of the year - a screening of the Czech documentary Revolution Girls at the American Center, further details to be announced shortly.

With sincere regards,

Your AARO Prague Board



AARO Prague

Media Partner:





Saturday, December 18, 2010

 

AARO FYI: US IRS Declaration: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETS

Dear AARO members,
For those of you who file annual Federal tax returns, an additional reporting requirement is in process.
Here is the link to the proposed Form 8938:
 
 
I encourage each of our members to comment if they so desire.
 
Comments should be addressed directly to Mr. Terry of the IRS.
 
Regards,
Bill

Bill Harter
President
AARO Prague




-----Original Message-----
From: Terry Ralph M <Ralph.M.Terry@irs.gov>
To: wharter1@aol.com
Cc: Terry Ralph M <Ralph.M.Terry@irs.gov>
Sent: Wed, Dec 15, 2010 9:37 pm
Subject: RE: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETS

Mr. Harter,
I am e-mailing you a link to the draft form you referenced to in your e-mail. Please be aware that this is a draft that is undergoing significant revision as I write this and a final draft is expected soon.  Any comments on the present form can be sent directly to me.   I will forward it to the appropriate office for consideration.
 
The link below will download a PDF of the Form 8938.
 
 
 
Thank you
Ralph Terry
Ralph M. Terry
Tax Analyst, Tax Forms and Publications
Special Products Section

202 622 8144 |   SE:W:CAR:MP:T:T:SP |   Internal Revenue Service   |   OMB Unit    |   1111 Constitution Ave, NW, Washington, DC 20224   |   Room 6129
 

From: wharter1@aol.com [mailto:wharter1@aol.com]
Sent: Tuesday, December 14, 2010 1:42 PM
To: Terry Ralph M
Subject: Fwd: Form 8938 - STATEMENT OF FOREIGN FINANCIAL ASSETS
 
Dear Mr. Terry,
I understand that the IRS is contemplating additional reporting requirements for US citizens residing overseas.
I also understand that the US government is interested in feedback on the the proposed Form 8938 reporting requirement.
 
If the above is correct, would you kindly email me the draft form and advise to whom I should address my feedback.
 
I would also like to know by what date this should be completed.
 
Sincerely,
 
William D. Harter
President, Association of Americans Resident Overseas (AARO), Prague Chapter, Czech Republic


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