Any U.S. person (citizen, green card holder, or resident) who had $10,000 (cumulative) or more in foreign financial accounts at any point in the year must file. This includes bank accounts, brokerage accounts, pensions, and even certain life insurance policies.

Yes. Living outside the U.S. does not exempt you. As long as you’re a U.S. person with qualifying accounts, you must file.

FBAR is a separate filing requirement from your U.S. tax return. Reporting income does not replace the FBAR filing obligation. Both may be required.

The FBAR (FinCEN Form 114) is due April 15, with an automatic extension to October 15 each year. Even if you don’t file taxes, you may still have to file an FBAR.

• Non-willful violations: up to $10,000 per account, per year.

• Willful violations: the greater of $100,000 or 50% of the account balance.

The good news? If you missed filing, there are ways to catch up without penalties if you act proactively.

Don’t panic. The IRS has procedures like the Delinquent FBAR Submission Program to help you get back into compliance. We’ll guide you on the safest path forward.

If you can access funds in the account (even if you don’t own it outright), it may need to be reported. This includes joint accounts, business accounts where you’re a signatory, and certain foreign retirement accounts.

Yes. We use encrypted portals and secure processes. Your personal data is treated with the highest level of confidentiality.

Yes, if the combined value across all foreign accounts exceeded $10,000 at any point in the year (even for just one day!)

Yes! We specialize in U.S. expat tax returns, including FEIE (Form 2555), FTC (Form 1116), state returns, and more. Many clients choose us for both FBAR and full tax prep for convenience and peace of mind.

1. Complete our secure intake form.

2. Upload your account statements or balances.

3. We prepare and e-file your FBAR with FinCEN.

4. You receive confirmation of filing for your records.

Our flat fee is $99 (up to 5 accounts) for a limited time (regular price $125). Each additional account is $10. Transparent, affordable, no surprises.

We combine compliance expertise with a social enterprise mission: every FBAR filing helps fund pro bono financial wellness services for underserved populations through our Investments That Give Back™ program.