With a smaller world and using our firm as an example, having many wonderful clients and friends who may be originally from a foreign country, residing here in the USA, we wanted to send a reminder.
FBAR Filing due tomorrow
American tax filers who have control over funds in other countries need to file their FBAR or their statement of Foreign Bank and Financial Accounts update by tomorrow.
Here is the link to the actual FBAR filing page
Here is the link to the IRS page concerning FBAR filing
The penalties are stiff and there are no extensions, so if you need to file, do not delay!
Have a super day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
