The Report of Foreign Bank and Financial Accounts (“FBAR”) Form TD F 90-22.1 is used to report an interest in foreign financial accounts. Who Must File Any U.S. person with a financial interest or signature authority must file an FBAR…
The Report of Foreign Bank and Financial Accounts Form TD F 90-22.1 (“FBAR”) is due June 30, 2011. This form must be filed by a United States person with a financial interest in or signature authority over a foreign financial…
Taxpayers with foreign accounts have come under fire from the U.S. Government. Apparently, some people had foreign accounts and they, um…didn’t declare the income. Yikes!
