TFX can file FBAR for you as well as help with your US taxes.
Any US Person who owns one or more foreign financial accounts with a combined total of $10K or more.
FinCEN Form 114 can only be filed online with the Treasury; it has nothing to do with your US expat tax return (filed with the IRS). If you have been granted a filing extension by the IRS for your US expat tax return, this filing extension does not extend to FinCEN Form 114. FinCEN 114 (FBAR) is due April 15th, but is extended until Oct 15 automatically.
Form 8938 is an additional foreign account reporting requirement separate from the Report of Foreign Bank and Financial Accounts (FBAR) that needs to be filed with the U.S. Treasury annually. If a taxpayer has more than a certain amount of foreign assets, Form 8938 must be filed as part of Form1040 with the IRS and requires reporting an expanded list of foreign assets not covered by FBAR.
At TFX we have been preparing business tax returns for over 25 years. We never hire junior staff. No outsourcing, no middlemen: you’ll be working directly with an experienced (our average age is 42) CPA or EA who will handle your case from beginning to end.
Aside from knowledge, convenience and security are what we value at TFX. And these key features are what our clients are thrilled with. Our best-in-class secure online portal makes TFX the top-rated tax firm (with an average score of 4.8/5 Trustpilot).
In addition to tax filing & compliance, TFX offers tax planning & phone consultations. Choose a convenient time & book directly in your client portal.
TFX pricing is transparent, which means you’ll always know what you pay for.