Top 5 FBAR Mistakes U.S. Taxpayers Make
Learn the Knowledge You Need to Navigate Complex Compliance Requirements
Evidence-based educational resources designed to help U.S. taxpayers understand their annual FBAR and Form 8938 requirements
Every year, thousands of US taxpayers get slammed with massive penalties for forms they didn't even know exist.
One Missing Form or Account = $10,000+ in Potential Penalties
The challenging reality: FBAR, and Form 8938 compliance violations can result in substantial financial consequences regardless of intent. Understanding these requirements is crucial for informed compliance decisions.
Education is your best defense.
The Hidden Tax Traps That Can Wipe Out U.S. Taxpayers
Miss one of these compliance requirements and the IRS can hit you with $10,000 + per violation. For every single year. Our expert team has analyzed over 1,000 penalty cases. These violations follow predictable patterns, and they're completely preventable.
FBAR & Form 8938: Sky-High Penalties for Missing Paperwork
Real-World Fallout
U.S. v. Ruimi (2025): $3.24 million in FBAR penalties for six unreported years. Despite appeals, collection is proceeding in full.
Bittner v. U.S (Supreme Court 2023): Original assessment: $2.72 million. After years of litigation and legal fees: $50,000 penalty.
-
U.S. v. Solomon (2018) – $200,000 penalty upheld for failure to report. The taxpayer's "good faith" argument was rejected.
Our analysis shows these cases follow identical violation patterns, patterns our education system can prevent.
What If You Could Navigate This Like a Pro?
Imagine having access to educational materials that help you understand critical questions like:
"Do I need to file FBAR, Form 8938, or both?"
"Is my foreign investment required to be reported?
"How do I calculate the maximum account balance?"
"What happens if I've missed previous years?"
"How do I late file these forms without paying thousands in penalties?"
Stop gambling with your financial future. Get the same insider knowledge that tax professionals use. Without the $300/hour price tag.
15+ Years of Expertise, Now in Your Hands
50+ Years of Combined Experience, Now Available as Educational Resources
The TreatyWise Team brings together insights from experienced tax compliance professionals. We've studied over 1,047 reported penalty cases and analyzed common patterns in IRS assessments to create comprehensive educational materials. Our Educational Research Shows Common Patterns:
90% of FBAR penalties involve taxpayers who were unaware of filing requirements
89% of compliance challenges stem from lack of information rather than complex calculations
Our Educational Mission: Transform complex regulatory knowledge into accessible learning materials that help taxpayers make informed decisions about their compliance obligations.
Every educational resource reflects real-world case studies and regulatory analysis.
Every learning module addresses questions commonly faced by taxpayers.
Every educational framework mirrors concepts used by experienced professionals.
Make informed decisions about your compliance requirements through comprehensive education.
Educational materials only. No guarantee of specific outcomes. Individual circumstances vary significantly. Always consult qualified tax professionals for personalized advice.
Comprehensive Compliance Education Systems
Expert-developed tools that eliminate compliance guesswork forever.
- Free
Top 5 FBAR Mistakes U.S. Taxpayers Make (FREE!)
- Download
- 1 file
- Waitlist
Ultimate FBAR Compliance Kit (Join Priority List)
- Download
- 1 file
Join 500+ Taxpayers Getting Ahead
Priority List members receive:
Exclusive Early Access: Up to 30% off all products before public launch
Insider Intelligence: Monthly compliance updates and regulatory changes
Emergency Alerts: Immediate notification of deadline changes, and emerging compliance threats
Bonus Tools: Exclusive calculators, templates, and checklists
Stay Informed!
Discover the latest tips, insights, and stories on our blog.
Explore the Blog →
FAQ section
Frequently asked questions
You've got questions. We've got answers.
Is the content accessible to non-tax professionals or people without a finance background?
Absolutely. All TreatyWise digital products—including the FBAR & Form 8938 Compliance Kit and the PFIC Survival Kit—are designed to be clear, actionable, and beginner-friendly.
We use plain English (not tax jargon), visual aids like flowcharts and checklists, and step-by-step video walkthroughs to make complex concepts easy to understand—even if you’ve never filed a U.S. tax form before. While these kits are professionally structured for tax preparers and financial advisors, they’re equally valuable for individuals managing their own cross-border compliance.
How long will I have access to the products after purchase?
Once purchased, you’ll have lifetime access to the digital product as it was at the time of purchase. You can download the templates, watch the video walkthroughs, and revisit the checklists as often as needed.
If we release updated editions for future tax years, you’ll have the option to purchase an affordable update pack to stay current, no subscription required.
Do you offer refunds if I’m not satisfied with the digital product?
We do not offer refunds on any of our digital products—all sales are final.
Because our products include instantly accessible, high-value digital content—such as proprietary templates, calculators, checklists, and training modules—there is no way to “return” them once access has been granted. This policy is in place to protect the integrity of our content, the value we’ve built into each resource, and the years of expertise that went into creating them.
We strongly encourage you to review the product descriptions, screenshots, and FAQs carefully before purchasing. If you have any questions or need help determining whether a product is the right fit for your situation, feel free to reach out to us in advance. We’re happy to help guide you before you buy.
Is this considered tax advice? Will you file my FBAR or Form 8938 for me?
No. TreatyWise digital products are strictly educational resources, not a substitute for personalized tax or legal advice.
Our kits are designed to help you understand your obligations, confidently complete your forms, and avoid costly mistakes, but they do not include one-on-one consultation or tax return preparation. If you need specific advice or filing assistance, we strongly recommend working with a qualified cross-border tax professional.
We do, however, offer clear guidance on when professional help may be necessary, and how to prepare so you get the most value if you do hire someone.
Is this content up to date with current U.S. tax laws and IRS requirements?
Yes. All TreatyWise products are carefully researched and created based on the most current IRS regulations, forms, and cross-border tax treaty interpretations available at the time of release. Our FBAR & Form 8938 Compliance Kit and PFIC Survival Kit reflect the latest tax year guidance and reporting thresholds.
That said, U.S. tax law—especially for expats and cross-border investors—is constantly evolving. To help you stay compliant year after year, we offer optional low-cost annual update packs to ensure your materials, tools, and checklists remain accurate and aligned with new filing requirements.
If major changes occur, we’ll notify past customers and provide options to access updated content.
Can I use this product if I’m already working with a tax advisor or accountant?
Absolutely. In fact, many customers use our kits to get better results when working with their accountant.
The kits help you:
Understand what documents and data your advisor will need
Avoid delays by being organized and prepared
Reduce back-and-forth and potentially lower your professional fees
It’s also a great way to double-check your advisor’s work if you want added peace of mind.
Are these products suitable for tax professionals or just individuals?
Both. While the language and structure are beginner-friendly, the content is highly detailed and accurate, making it a powerful resource for:
CPAs and EAs handling cross-border clients
Financial advisors supporting U.S. persons abroad
Attorneys and compliance consultants
U.S. expats and dual citizens managing their own filings
If you're a tax professional, these tools can enhance your practice, improve client education, and reduce prep time.
Can I share this product with my spouse, family member, or colleague?
Each purchase is for individual use only and is licensed to a single user. We respectfully ask that you do not redistribute, copy, or share the materials, as they contain proprietary content and tools developed specifically for our paying customers.