Thursday, December 9, 2010

Report Your Foreign Bank and Financial Accounts to IRS (FBAR)

Report Your Foreign Bank and Financial Accounts to IRS (FBAR)

If you own or Have the Following Details authority over a Foreign Country,
           1) Financial account,
           2) Including a bank account,
           3) Brokerage account,
           4) Mutual fund
           5) Other type of financial account.

Then you are required to report the account yearly to the Department of the Treasury. Under the Bank Secrecy Act, each United States person must file a Form TD F 90-22.1.

For further assistance call our support line 410-878-2324 or chat with us on http://www.fbaronline.com/