Kevin Loiselle
Kevin Loiselle, CPA, MST is Aprio Cloud’s Senior Tax Manager. He helps Aprio Cloud clients with US tax filing needs, ensures accurate financial reporting, and gives valuable direction to minimize tax burdens. Kevin also works with clients and their international advisors with global, cross-border tax matters. Kevin has a BS in Accounting and Information Systems from Boston College and a Masters in Taxation from Suffolk University.
What is the FBAR?
Foreign tax filing requirements in the United States have become an increasingly hot topic as the IRS is seeking to crack down on tax evasion. One of the ways that the IRS is looking to help reduce this tax evasion is through the Report of Foreign Bank and Financial Accounts (FBAR). The idea behind this foreign reporting form is to force those with money in foreign financial accounts to disclose those balances to U.S. authorities.
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