Don't Forget Your FBAR
A detail that can cause lots of IRS problems
The Foreign Bank and Financial Report (FBAR) is a reporting requirement that is getting lots of attention from the IRS. Here is what you need to know.
Do you have any foreign bank accounts or assets held outside the United States?
Are you a beneficiary of, or a responsible party for someone else who has assets held in non-United States based accounts?
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