FBAR Guidance and Solutions from the International Tax Experts at Freed Maxick

33 Must-Know Questions – and Answers – About the Foreign Bank Account Reporting Act

Get a complimentary Special Report: FAQs Regarding FBAR Filing Requirements and Financial Reports

While FBAR reporting requirements have been in place since 1970, significant revisions to the form and associated penalties for non-compliance have garnered the attention of many taxpayers and practitioners.

Get this list of the top 33 questions - and answers – tax payers MUST know about FBAR reporting and filing requirements.

Inside our report:

  • Who must file an FBAR?
  • How do filers report their accounts to the IRS?
  • How does an FBAR filer amend a previously filed FBAR?
  • What happens if an account holder is required to file an FBAR and fails to do so?
  • Can cumulative FBAR penalties exceed the amount in a taxpayer's foreign accounts?
  • Is an FBAR required if the account generates neither interest nor dividend income?
  • What are the exceptions to the FBAR filing requirement?

                                                                                        …and more!

Freed Maxick is poised to assist you in becoming compliant with regard to your FBARs.

Complete and submit the form, and get the answers to the complexities of FBAR that you need today!