Foreign Bank Account Report Archives

Understanding FBAR Filing Process

As a US citizen, you must know how important it is to keep track of your financial records along with your bank accounts and tax payments. However, many people forget FBAR filing for their taxes, which could land them in trouble. If you are an Americ...

Catching up with US tax returns

Are you required to file for US tax returns and FBAR? Whether you are a US citizen who lives at home or abroad, you may be obliged to file a Federal income tax return by the deadline (15th April) if you earned more than the threshold income for t...

FBAR: Foreign Account Reporting Requirements – Everything US Expats Need to Know

FBAR is an acronym for Foreign Bank Account Report, however it’s not just foreign bank accounts that US expats are required to report on an FBAR. FBARs were first introduced in 1970, however they were hard to enforce before the Foreign Account T...

New Tips on How to File FBAR

Updated Information on How to File FBAR The FBAR (Foreign Bank Account Report) deadline is approaching—do you need to file? It’s important for US expats to first determine if they need to file, then engage in the new process of filing took effec...

5 Things You May Not Know About US Taxes for Expats

Find Out If you Know These 5 Things About US Taxes for Expats Whether you are considering a move overseas or already living the expat lifestyle, it is important to remember that US expats must file a US tax return each year, regardless of where you ...