FBAR Filing Requirements and Streamlined Disclosure Options

Have you been meeting your FBAR filing requirements? If you're a US person and you have foreign financial accounts that are worth more than $10,000 combined (or have been at any point in the tax year), you should be filing the FBAR.

FBAR stands for Foreign Bank Account Reporting, and it's a form you need to file each year along with your taxes.

If you haven't filed your FBARs when you should have, don't worry—you have options! The best options are Streamlined Offshore Disclosure Procedures, which let you correct your tax returns, file your old FBARs, and only pay a small penalty—or even no penalty in some cases.

Call our experienced FBAR attorneys to see if you qualify for Streamlined Disclosures: 847-469-9924

Learn more on our website:
FBAR Lawyer: https://gordonlawltd.com/fbar-lawyer/
FBAR Filing - Who Needs to File the FBAR? How Do You File?: https://gordonlawltd.com/fbar-filing-...
FBAR Penalties for Non-Filing (and How to Avoid Them!): https://gordonlawltd.com/fbar-penalty/

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