Post By Jobe Dupre
Are you a U.S. person with a financial interest in or signature authority over a foreign financial account? In other words, do you have or have authority over a bank account in a foreign country? If so, you should be aware of the foreign reporting required, specifically the filing of FinCEN Form 114.
If the aggregate value of this foreign financial account exceeds $10,000 at any time during the year, you must file a FinCEN Form 114. Prior […]