Foreign Asset Compliance Services

If you own overseas entities, assets, or finances, you could be obligated to file informational forms with the US Treasury Department. These filings are not taxed, but noncompliance can result in penalties. We can help you navigate the process. The forms are typically due with a taxpayer’s tax filings and can be e-filed to the US Treasury Department.

 Below are a few types of assets that can trigger filing requirements:

  • Foreign Financial Accounts – FinCen Form 114 / FBAR

    • Checking & Savings Accounts – Owner or Signor Authority

    • Retirement Accounts 

    • Brokerage Accounts & Investments

    • Cash Surrender Value Life Insurances

  • Foreign Entities

    • Foreign LLCs

    • Foreign Partnerships

    • Foreign Corporations

    • Foreign Trusts

  • Foreign Sourced Income

    • Earned Income

    • Investment Income

    • Rental / Investment Property Income

Our team of tax professionals can help determine what filings are required of you and will work to ensure an efficient filing process.  

If you have questions about the filing requirements for overseas assets, we would love to hear from you.