The FBAR – Foreign Bank Account Report
February 4, 2025
In addition to tax reporting and payment obligations, U.S.
MasAmerica is your trusted tax advisor in Israel, providing professional tax reporting services for Americans & Israeli citizens required to report to the IRS, according to US tax laws.
The MasAmerica staff includes certified US tax accountants, tax expert lawyers, expat tax consultants, all of whom are US citizens specializing in American tax affairs. Thus, we can guarantee our clients the best tax advisory services and consultations.
Looking for professional US tax advice in Israel?
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Professional US Tax Accounting & Legal Services, Combining US and Israeli Accounting Expertise.
MasAmerica specializes in professional US tax filing services for Israelis who must report to the U.S. Internal Revenue Service (IRS) under American tax law. Our mission is to deliver personalized, professional US tax services through our team of accountants and tax lawyers with expertise in US taxation.
Whether you are making Aliyah or already live in Israel, we will advise & accompany you personally, professionally and expertly every step of the way until your goal is achieved.
American Citizens and Green Card Holders (Permanent Residents):
Whether employed as a salaried worker or self-employed, individuals must file annual reports to the US tax authorities on all types of income, regardless of whether it is tax-exempt in Israel or not. They are also required to report certain financial assets.
Investors and Real Estate Developers:
Individuals investing in the United States, either independently or as part of an investment group, must file federal annual reports. Additionally, they may be required to file reports with State and Local Governments. [Click here for more information].
General Reporting Obligations in the United States:
The requirement to report income in the United States has existed since 1913. Since 1974, U.S. citizens and residents have also been required to report financial accounts located outside the United States.
The Foreign Account Tax Compliance Act (FATCA):
In 2010, FATCA (The Foreign Account Tax Compliance Act) was enacted as federal law, mandating worldwide financial institutions to report annually to U.S. tax authorities on financial accounts held by U.S. citizens and residents outside the United States.
Looking for professional US tax advice in Israel?
Please Leave your details and we will get back to you.
"ברצוני להודות לך,על הטיפול המקצועי,והמהיר,בנושא הגשת הדוח,לרשויות המס בארה''ב, וכן גם על,ההסבר לגבי התהליך עצמו,שגרם לנו להרגיש, ונתן לנו בטחון,והרגשה נעימה שאנחנו נמצאים במקום בטוח אתך."
"After living in Israel for 15 years, I thought catching up on my US taxes was going to be a complete nightmare. Luckily I found MasAmerica. I worked with Steven and Elisha and they made it fast, easy and painless. Now I'm compliant and I know who to go to with all my future tax needs. Expect quality & American style service from this small and friendly firm at a reasonable price."
"Steven and Elisha made a daunting process super easy. They were clear, transparent and professional as well as lovely to work with."
In addition to tax reporting and payment obligations, U.S.
U.S. tax legislation is primarily contained within the Internal
The 2018 tax reform brought significant changes, including a
On December 22, 2017, President Trump signed the Tax
Per Article 7 of the US-Israeli Tax Treaty, Israelis
At MasAmerica we are client driven, and provide effective,
Looking for professional US tax advice in Israel?
Please Leave your details and we will get back to you.
Looking for professional tax advice?
Please Leave your details and we will get back to you.
At MasAmerica we provide professional tax filing services for Israelis that are required by law to report to the American Tax Authorities (IRS) according to American tax laws.
Our goal is to provide personal and professional service.
Our team includes accountants and lawyers who are experts in American tax issues.
077-804-6855