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DiSabatino CPA Blog

DiSabatino CPA Blog

A blog by Michael DiSabatino CPA with topics on Tax Savings, Business, Management and more...

Don't Forget Your FBAR

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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