Foreign bank and financial reporting (FBAR–FinCen 114) for Israeli accounts

FBAR (FinCen 114) for Israeli Accounts
It applies to all financial accounts not just to bank accounts!
The “FBAR” must be filed by US persons annually if they have an involvement in a foreign financial account. While it is generally understood that US persons are obligated to file income tax returns each year, it is not as […]