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Notice: FBAR Filing Deadline for U.S. Persons Rapidly Approaching

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U.S. persons are required by law to report foreign bank accounts to the IRS by Saturday, June 30, or face severe civil or criminal penalties! By Chet Scheltema Jun. 21 – According to the U.S. Bank Secrecy Act, if the aggregate amount in a U.S. person’s foreign accounts exceeds US$10,000 at any time during the […]

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