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PDF Editor FAQ

Can I file FBAR online?

YES, follow the linkIndividuals Filing the Report of Foreign Bank and Financial Accounts (FBAR)

What is the legality of cryptocurrency arbitrage for US citizens?

Completely legal with one big gotcha.If you do bitcoin arbitrage with a foreign bank account, you will have to report that bank account to the IRS each year with an FBAR report. If the amount exceeds a certain amount, then you will need to file Form 8938.Report of Foreign Bank and Financial Accounts FBARThe foreign bank will report the amount to the IRS. Also if you are doing crypto-arbitrage, you may end up with a large amount on those bank accounts which may trigger an audit.Now if you have your paperwork and have paid your taxes, the audit will be just an annoyance, but what that means is that if you are a US resident doing crypto-arbitrage you have to be very careful to pay all of your taxes.

Why does Mueller keep going on an investigation that has no evidence?

Lets see, Robert Mueller has gotten indictments against Manafort and Gates on 12 counts: conspiracy against the United States, conspiracy to launder money, unregistered agent of a foreign principal, false and misleading US Foreign Agents Registration Act statements, false statements, and seven counts of failure to file reports of foreign bank and financial accounts. Today Mueller is preparing to file what’s called a superseding indictment of Manafort and Rick Gates.Papadopoulos falsely described his interactions with a certain foreign contact that discussed 'dirt' related to emails concerning Clinton.Michel Flynn Pleaded guilty to lying to the FBI about conversations with Russia's ambassador.Seems like there is plenty of evidence there and that is just scratching the surface. Be sure that Don Jr., Kushner, and Page are in his sights as they have lied, they met with Russians with the hope of getting dirt on Clinton. Kushner is in the greatest jeopardy, not only being investigated by Mueller but also under investigation by the AG of NY and the US attorneys in the eastern district of Virginia and the Southern district of NY. These charges include fraud, securities violations, obstruction of justice and banking fraud. I guess that is why he is keeping a low profile. Boy are these guys lawyered up and their lawyers have lawyers. Don Jr. legal bill in September alone was $180,000.

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