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 RedDragon CryptoDouble 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.