Americans with international wealth face a tax and reporting environment that is easy to underestimate.

In this episode of Swiss Money Secrets, Jess Roberson and Jamie Vrijhof sit down with Darlene Hart, CEO of U.S. Tax & Financial Services, to discuss some of the biggest U.S. tax mistakes Americans make when holding assets internationally.

The conversation covers why U.S. citizens are generally taxed on worldwide income, what Americans need to know about foreign bank account reporting, and why forms such as FBAR, FATCA, and Form 8938 matter when assets are held outside the United States.