The Internal Revenue Service has extended the filing deadline yet again for people to report on foreign tax accounts, giving them until June 30 of next year, but only under certain circumstances.
The Internal Revenue Service has temporarily suspended the requirement to file a Report of Foreign Bank and Financial Accounts for the 2009 and earlier calendar years, for people who are not U.S.
In today’s article, we look at 10 key points about the FBAR, including some important practical interpretations of the law. As the US cracks down on foreign bank and financial accounts, it only means ...
If you qualify as a U.S. person, you may be required to file FBARs, also known as Financial Crimes Enforcement Network (FinCEN) Form 114, Report of Foreign Bank and Financial Accounts, with the U.S.