Foreign Bank Account Reporting.
FBAR
Compliance for US persons with financial interest in or signature authority over foreign financial accounts.
If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Department of Treasury.
The penalties for non-compliance are severe. We ensure your FBAR (FinCEN Form 114) is filed accurately and on time.
What We Cover
FBAR Services
- Account Assessment
- FinCEN Form 114 Filing
- Threshold Monitoring
- FATCA Form 8938
- Amnesty Programs
Key Benefits
Why Choose Our FBAR
Avoid Penalties
Penalties can be up to 50% of the account balance; we prevent this.
Full Compliance
Sleep easy knowing you meet all international reporting rules.
Complex Analysis
We determine exactly which accounts need reporting.
How It Works
Our FBAR Process
Account Discovery
We help you identify all foreign financial assets.
Threshold Calculation
We convert currencies to determine if you exceed the reporting limit.
Filing
We electronically file FinCEN Form 114 and Form 8938 if required.
Record Keeping
We provide copies for your records, essential for future reference.
Frequently Asked Questions
If the aggregate value of all foreign accounts exceeds $10,000 at any time.
April 15th, with an automatic extension to October 15th.