It’s 72 Hours Until FBARs are Due – Do You Know Where Your Children Are?

Filing an FBAR is a “rite of passage” for all Americans. It starts with the children.

Citizenship Taxation - Theory vs. Reality

eleventh hour
At one minute to midnite, there will be 72 hours left for ALL US Persons to get their affairs in order and get their FBARs filed. And don’t forget, you cannot get an extension for FBAR.

Let’s take a moment to review just exactly what it is that FinCen does:

fin cen
FinCEN’s mission is to safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities.

“Whaaaat? My chequeing account at Scotiabank is related to possible illicit use of funds, money laundering or other crimes that will affect the financial system and even worse, the national security of the United States? That…

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