Experience. Dedication. Results.

Photo of Professionals at Law Office of Williams & Associates, P.C.

Time to File Your 2021 FBAR

by | Oct 12, 2022 | International Tax Law, IRS, OVDP |

This Saturday, October 15th, marks the extended deadline to file your annual Report of Foreign Bank and Financial Accounts (FBAR)! If you have a financial interest or authority over any financial account located outside of the United States, and at any time during 2021 the value of the account exceeded $10,000, you are required to file an FBAR. The IRS encourages anyone with even a small foreign account to check if they have an FBAR filing requirement for 2021 to avoid any civil or criminal penalties. For more resources, click here.

Archives

FindLaw Network