Foreign Bank Account Reporting (FBAR) – FinCEN Form 114 FinCEN Financial Crimes Enforcement Network (FinCEN) is a bureau of the Treasury Department. Authorized under the Bank Secrecy Act, foreign bank account reporting commonly referred to as “FBAR” is electronically reported to the IRS via FinCen Form 114 separate and distinct from filing a US income tax return. U.S. taxpayers…Details
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Read about some of John’s more memorable experiences navigating the conflicting sections of the Internal Revenue Code.