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IRS Reporting Rules for Foreign Bank Accounts (FBAR) #irs #lawyer

# IRS Reporting Rules for Foreign Bank Accounts (FBAR) Everybody knows that April 15th is an important tax deadline. But there is another tax reporting deadline coming up that is not as well known: June 30th. This is the date by which all United States citizens must file a Foreign Bank Account Report, FinCEN Report 114, Report of Foreign Bank and Financial Accounts with the Department of the Treasury to report offshore bank accounts. The FinCEN Report 114 supercedes the prior form TD F 90-22.1 and is only available online through the BSA E-Filing System website. In recent years the ...