Watch the essential FBAR webinar for Americans living abroad
Every year, Americans abroad must report certain foreign financial accounts, such as bank accounts, to avoid government penalties. But expats don’t need to fear the Foreign Bank Account Reporting requirement, commonly known as FBAR. Find out everything you need to know to make FBAR reporting fast and easy in this free webinar.
During this webinar, you’ll learn all about FBAR requirements:
- What FBAR is and why it exists
- Which accounts you’ll need to report on
- The list of financial documents to keep to simplify reporting
- FBAR deadlines and how to file
Why do expats need to know about FBAR?
While Foreign Bank Account Reporting is mandatory for all US citizens, the requirement has the most significant impact on the daily lives of Americans living and working overseas. The government imposes steep fines for noncompliance, which means that all expats who use foreign banks or financial institutions need to be aware of FBAR rules. The good news is that, once you’re aware, FBAR filing obligations are simple to follow. Get all the facts our expert CPAs and EAs in our essential FBAR webinar!