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Archive by Month: March 2017

What is FinCEN Form 114?

Offshore Account Update

Posted in on March 31, 2017

FinCEN Form 114 is a form that must be filed by certain U.S. connected persons who have an offshore account or who have signature authority on any kind of offshore account. FinCEN Form 114 may be better known as a Report of Foreign Bank and Financial Accounts (FBAR). The form must be filed annually by those who have accounts that must be reported.

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