Categories
Bitcoin

MAJOR FBAR WIN for the Taxpayer! Penalty is Per FBAR Form, Not Per Account


Since the early 1970’s the Bank Secrecy Act (BSA) has been requiring US taxpayers to report certain foreign financial accounts and retain detailed records about them.  Many individuals now know about the notorious “FBAR” (FinCEN Form 114, Report of Foreign Bank and Financial Accounts). It comes as a surprise to many, however, to learn that the […]

MAJOR FBAR WIN for the Taxpayer! Penalty is Per FBAR Form, Not Per Account

By Red Dragon CryptoDouble Bitcoin Investment Platform/Blog

Where there is no mind; there can be no limitations. Making things happen using the tools, technology, experience and those who partner with us because of the belief in our standards and ability to bring to our followers only the best and up-to-date information.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.