Expat Taxpayers Face June 17 Deadline for 2023 Filing
CPA Practice
MAY 28, 2024
Further, separate from reporting specified foreign financial assets on a tax return, certain foreign financial accounts, such as bank accounts or brokerage accounts, must be reported by electronically filing Form 114, Report of Foreign Bank and Financial Accounts (FBAR) , with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN).
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