In the News

1/2025

2025 USA Reporting Checklist and Deadlines Relevant to non-US persons and to US Taxpayers with Foreign Financial Assets

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Eileen Reardon
    Eileen Reardon

Although legislative changes are anticipated during 2025, reporting rules and deadlines for tax year 2024 filings will not change. Family advisers and trustees of foreign trusts should determine early in 2025 which US filings will be required and the respective deadlines. If a foreign individual, entity or trust (a non-US person) cannot meet the US reporting deadline, a request for extension should be filed prior to the due date.  Download

Articles