San Jose, CA - Having a foreign bank account is becoming more and more popular because of the security it provides especially towards personal savings. Because it is outside of the jurisdiction of the government, paperwork should be submitted to the United States Department of Treasury so that all transactions involving those foreign bank accounts are operating legally. With FBAR Filing, there will be easier FBAR online and FBAR download options for the convenience of customers.
"With the upcoming FBAR Filing deadline of June 30th, 2017, we are urging all foreign bank account affiliates and owners to file their reports as soon as possible to avoid hassle," says FBAR Filing’s representative, Johnathan Marcus. "If not filed on time, there will be FBAR penalties of civil sanctions for those who do not comply with the FBAR filing requirements by the said deadline. Why make life complicated when FBAR filing has provided an easy, user-friendly way to file reports."
Under the law, banks are required to make reports to the United States Department of Treasury to avoid illegal activities such as money laundering and other criminal acts that are punishable by the law. By visiting the website set up by FBAR Filing, https://fbarfiling.org/fbar-online/. FBAR filing forms will be downloadable for the convenience of the bank account owner. One click and the files are downloaded right away, ready to be filled up with the necessary reports over the past calendar year.
They provide the following FBAR filing instructions so that FBAR Filing requirements will be met. Do not miss the deadline (https://fbarfiling.org/fbar-filing-deadline/). Financial savings that exceed up to ten-thousand dollars are required to file a report. However, there are exceptions that the website lists so that customers will know what to do if they are not required to file reports. They also give information about the penalties that may be sanctioned to violators and how to file an FBAR.
With FBAR Filing, filing foreign bank reports is easier and faster compared to going to the actual office and waiting in the long line. For any concerns regarding the website and the process of filing, drop by their office at 74 West Hedding Street, Suite 12, San Jose, CA, or give them a call at (408) 753-8305. They will be more than willing to assist with any concerns. For a more detailed description, visit the website itself, which is https://fbarfiling.org/ or contact them through email at email@example.com.
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