Foreign Bank Account Reporting (FBAR)

Foreign Bank Account Reporting (FBAR)

If you are a U.S. citizen living abroad, you may have heard about the FBAR, and you may be wondering what it is and whether or not you need to file one with your taxes.  What Is the FBAR? The FBAR is a United States Department of the Treasury form that stands for...
FBAR deadline is April 15, 2021

FBAR deadline is April 15, 2021

Even though the tax filing deadline has been extended to May 17 this year, the FBAR is still due on April 15. That’s because the FBAR is handled by the US Treasury Department while the rest of your tax return is handled by the IRS. These are two separate...