The Advantages of Timely Coverage Foreign Inheritance to IRS and Its Effect On Your Finances Prompt coverage of foreign inheritance to the IRS can significantly affect an individual's monetary landscape. By understanding the reporting demands, one can prevent legal issues and potential fines - penalties for not filing Form 3520. https://tax-attorney50360.bloggazza.com/36519368/foreign-gift-tax-reporting-requirements-what-they-really-mean