Income tax liability from a Passive Foreign Investment Company (PFIC) may apply to more people than you think. We all love Grandma. How many Thanksgiving meals did Grandma cook for you? After your older brother picked on you, nobody could comfort you like Grandma could with a hug, a glass of milk, and a plate of warm cookies. […]
The post Help Grandma with Her PFIC Compliance: She Earned It. appeared first on Tax & Accounting Blog.
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