Happier Abroad Forum Community

For those of you who:

1. Are a US person (citizen, resident, passport holder etc)

2. Have beneficial ownership and/or signing authority over offshore financial accounts (bank, broker, etc.) with an aggregate value which reached or exceeded $10,000 at least 1 day last year

You are required to submit FBAR forms (available from IRS website or from software such as Turbo Tax) to the Treasury Dept. in Detroit for each of these accounts

The completed forms for 2009 are supposed to be received by June 30, 2010.

Don't put yourself at high risk by failing to file. Senator Carl Levin, the Department of Justice, and even the Obama Administration is on a witch hunt for offshore tax evaders. Non-filers with very modest sized accounts have been nailed with draconian civil penalties and even jail time.

Fill-in all the required paperwork, make and keep copies, and mail it via registered mail with return receipt to the Treasury.

For those of you who:

1. Are a US person (citizen, resident, passport holder etc)

2. Have beneficial ownership and/or signing authority over offshore financial accounts (bank, broker, etc.) with an aggregate value which reached or exceeded $10,000 at least 1 day last year

You are required to submit FBAR forms (available from IRS website or from software such as Turbo Tax) to the Treasury Dept. in Detroit for each of these accounts

The completed forms for 2010 are supposed to be received by June 30, 2011.

Don't put yourself at high risk by failing to file. Senator Carl Levin, the Department of Justice, and even the Obama Administration is on a witch hunt for offshore tax evaders. Non-filers with very modest sized accounts have been nailed with draconian civil penalties and even jail time.

Fill-in all the required paperwork, make and keep copies, and mail it via registered mail with return receipt to the Treasury.

This sort of advice and reminders is an excellent thing that fellow expats should do to help each other out. Same thing with tax deadlines. Great idea!

Guys, the deadline for 2013 FBARs has almost arrived. Now you need to submit them online. Here are the relevant links. If anytime last year you had aggregate of US$10,000 or more held in financial (bank or securities) accounts outside of USA and you are a US person, you need to complete and submit these forms.

http://bsaefiling.fincen.treas.gov/docs ... FILING.pdf

http://bsaefiling.fincen.treas.gov/NoRegFBARFiler.html