Form 114 (FBAR) for Foreign, non-US Financial Assets Needs to be Filed by June 30th
Were you an account holder for a financial account located outside of the US valued at over $10,000 in 2014? If so, you must file an FBAR by June 30th. An FBAR, also known as Form 114, must be filed by anyone who is considered an account holder for a foreign account meeting the value criteria above.
The FBAR form can be found here and can be submitted online:
To speak with our Board Certified Tax Attorney Fredric C. Jacobs, Esq. about your personal tax needs or high net worth tax planning, call our office at (941) 906-1231.
Recommended Posts
