Accurate FBAR Reporting to Safeguard Your Offshore Accounts
FBAR Reporting (FinCEN 114)



Services Overview
Keep your financial vessel seaworthy—ensure every account is properly disclosed.
FBAR compliance is critical for foreign account holders. You provide maximum balances and institution details; we prepare and file FinCEN Form 114, keeping you clear of costly penalties.
Frequently Asked Questions
Do foreign retirement accounts require FBAR reporting?
Most foreign retirement vehicles exceed reporting thresholds and must be disclosed unless a specific trust exception applies—our team clarifies each account’s status.
Can missed FBARs be consolidated and filed together?
Yes. We leverage Delinquent FBAR Submission or Streamlined procedures to catch up on multiple years in one coordinated filing.
How should jointly-owned accounts be reported?
List each joint account and maximum values in the joint ownership section of the FBAR.
Is cryptocurrency on foreign platforms subject to FBAR?
Crypto held on foreign-based custodial exchanges meets FBAR criteria when balances exceed $10,000.
What are the specific FBAR penalties for late filing?
Non-willful late filings may incur up to $10,000 per violation; willful violations can face penalties up to 50% of the account balance or $100,000, whichever is greater.

More Individual Tax Services


Crypto & Digital Asset Reporting

FATCA Asset Reporting (Form 8938)

Foreign Entity Ownership Reporting

Foreign Trust & Gift Reporting

Nonresident & Dual Status Filers

PFIC Reporting (Form 8621)

Streamlined Filing Compliance Procedures

Federal, Amended, and State Tax Return Preparation



Next Steps
Secure your compliance—submit the brief form below or set sail with your account setup now.

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