FBAR Filing (Foreign Bank Account Report)
Required FinCEN Reporting for Foreign Financial Accounts We Handle the Entire Filing Securely
If you have foreign bank or financial accounts exceeding the reporting threshold, you must file an FBAR every year with FinCEN, not the IRS.
FBAR penalties are extremely high but the filing is simple when we take care of it for you.
No confusion. No missed deadlines. No hidden fees.
What Is FBAR?
FBAR stands for Foreign Bank Account Report, officially called FinCEN Form 114.
It is required if:
- You had foreign financial accounts totaling over $10,000
- at ANY point during the calendar year — even for a moment.
FBAR applies to:
- Personal bank accounts
- Business bank accounts
- Savings & term accounts
- Investment accounts
- Retirement accounts in some countries
- Foreign brokerage accounts
- Online payment accounts (if considered a financial institution abroad)
Who Must File FBAR?
You must file if you are a:
- U.S. Citizen
- Green Card holder
- U.S. Resident
- LLC, Corporation, Partnership with foreign accounts
- U.S. taxpayer with signature authority over a foreign account
- Foreign-owned U.S. company managing money abroad
- Even if the accounts are NOT generating income, FBAR is still required.
FBAR Deadline
Annual Deadline: April 15
Automatic extension to October 15 every year.
No separate extension form needed — everyone gets the automatic extension.
Penalties for Not Filing FBAR
FBAR has some of the most severe penalties in the U.S. tax system:
Non-willful penalty:
- Up to $10,000 per account per year
Willful penalty:
- Up to 50% of the account balance or $100,000, whichever is greater
- Criminal charges** may apply for intentional non-reporting.
- We help you file correctly — and safely — to avoid these penalties.
We Handle the Entire FBAR Filing for You
The form is filed through FinCEN’s BSA E-Filing System, not through the IRS.
We take care of all required entries and electronic submission.
What You Get With Our EIN Service
Complete, accurate, and secure filing with no hidden fees.
1
Review of All Foreign Accounts
- We review your accounts to determine if you meet the $10,000 threshold.
2
Full Preparation of FinCEN Form 114
We prepare the entire FBAR, including:
- Bank names
- Account numbers
- Maximum annual balances
- Account types
- Joint owners
- Entities and signature authority situations
3
Secure E-Filing With FinCEN
- We submit your FBAR through the official BSA filing portal.
4
Confirmation of Filing
- You receive confirmation and proof of submission.
5
Multiple Foreign Accounts Included
- No extra fees for multiple banks.
6
Help With Late or Missed FBAR Filings
If you are late, we help with:
- Non-willful penalty defense
- Late filing explanation statements
- Streamlined filing procedures (if needed)
7
No Hidden Fees
- Flat, transparent pricing.
Why File Your FBAR With Us?
Avoid expensive penalties
- One mistake or late filing can be extremely costly.
Secure handling of financial information
- Your foreign account data is kept 100% confidential.
Accurate, compliant filing
- We know exactly how the FinCEN system works.
Experienced with foreign-owned U.S. companies
- We help U.S. entities with foreign accounts stay compliant.
Fast and stress-free
- You avoid the complex BSA e-filing system completely.
What You Need to Begin
Just provide:
- Bank names
- Account numbers
- Country of accounts
- Maximum annual balance for each account
- Ownership type (personal, business, joint, signature authority)
- We handle everything else.
🚀 File Your FBAR Today Stay Fully Compliant
Avoid costly penalties. Protect your business and personal compliance.