News

We get a lot of questions on FBAR compliance

News & Articles Published: 01 April 2016

“We get a lot of questions on FBAR compliance. Here is a great article on reporting Foreign Bank and Financial Accounts”

Individuals who are required to file FBARs need expert advice to ensure proper compliance not only with the FBAR filing requirements, but possibly with other reporting requirements such as the Foreign Account Tax Compliance Act (FATCA), P.L. 111-147. FATCA requires filing Form 8938, Statement of Specified Foreign Financial Assets, with the federal income tax return, a separate requirement from the FBAR filing.

http://www.journalofaccountancy.com/issues/2016/apr/fbar-compliance.html

Share:

Our Clients

Our clients span the globe and their needs are vast, as are our services. Below are just some of our clients both domestic and across the ocean

Read more