An FBAR is your Foreign Bank Account Report, also known as FinCEN Form 114. Instead of filing with the IRS, you may submit your FBAR with FinCEN which is the U.S. Treasury Department's Financial Crimes and Enforcement Network. Failing to file could incite heavy penalties against you, so it's always best to stay up to date.

Get more information about the topics that affect you!
🌎Website - [ Ссылка ]
💼LinkedIn - [ Ссылка ]
📘Facebook - [ Ссылка ]
🐤Twitter - [ Ссылка ]

Resources:
Bank Secrecy Act: [ Ссылка ]
Form 1040: [ Ссылка ]

About Frost Law:
Frost Law is comprised of skilled tax attorneys, business attorneys, litigation attorneys, estates attorneys, Certified Public Accountants, Certified Financial Planners, and other tax professionals. We have been serving clients across the country and abroad.

We have office locations on the East Coast in Maryland, Virginia, Washington, D.C., Pennsylvania, Florida and serve clients internationally.

DISCLAIMER: This video is not legal, tax, or financial advice. Talk with a professional about your situation before making any legal or financial decisions. These videos also do not create attorney-client privilege.

#FrostLaw #FBAR #Taxes

свернуть