FBAR & FATCA Service Tiers
Transparent pricing based on the number of accounts and asset complexity.
Basic FBAR
Up to 3 Accounts
- ✓ Filing for up to 3 foreign bank accounts
- ✓ FinCEN Form 114 preparation & e-filing
- ✓ Maximum balance verification per account
Standard FBAR
4~10 Accounts
- ✓ Filing for 4 to 10 foreign financial accounts
- ✓ Includes insurance & investment account review
- ✓ FBAR compliance consultation
FBAR + FATCA
High Net Worth Package
- ✓ Comprehensive FBAR (Form 114) filing
- ✓ FATCA (IRS Form 8938) preparation
- ✓ In-depth review for high-value assets
? What is FBAR?
If you are a US person (Citizen, Green Card holder, or Resident Alien) and the combined value of all your foreign financial accounts exceeded $10,000 at any time during the calendar year, you must file an FBAR.
Foreign financial accounts include not only bank accounts but also brokerage accounts, mutual funds, and even life insurance with a cash value.
! Filing Deadlines & Penalties
The FBAR filing deadline is April 15th, with an automatic extension to October 15th. Failure to file can result in severe civil penalties.
Penalty Risk:
Non-willful violations can incur penalties exceeding $10,000 per violation. Willful violations can lead to even harsher fines or criminal charges.
Frequently Asked Questions
Q. Does a $0 balance account need reporting?
Yes. If the total value of all accounts exceeded $10,000 at any point, every account (even those with a zero or small balance) must be included in the FBAR report.
Q. I missed my FBAR filing. What should I do?
You may be eligible for the Streamlined Filing Compliance Procedures if your failure to report was non-willful. Please consult our Enrolled Agent immediately for a resolution.