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Church of St. Ignatius Loyola 980 Park Avenue at 84th Street New York, New York 10028 (212) 2883588 www.stignatiusloyola.org B u i l d i n g a C o m m u n i t y o f D i s c i p l e s March 2, 2008,

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How to Fill Out Rec o n s:

1. Start by gathering all the necessary information. This may include personal details such as name, address, contact information, as well as any relevant identification numbers or documents.
2. Review the purpose of the rec o n s form. Understand what it is being used for and what kind of information needs to be provided.
3. Carefully read the instructions accompanying the rec o n s form. Make sure to understand each section and the required information to be provided.
4. Begin filling out the form systematically, following the order of the sections. Provide accurate information and double-check for any errors or missing details.
5. Use legible and neat handwriting when filling out the form. If possible, consider typing the information electronically for better clarity.
6. If any section is not applicable, mark it as "N/A" or "Not Applicable."
7. Take your time and be thorough. Completing the rec o n s form accurately is important for its intended purpose.
8. Once you have filled out the entire form, review it carefully. Look for any mistakes or missing information and make the necessary corrections.
9. Sign and date the form as required. Follow any additional instructions provided for submission or mailing.
10. Keep a copy of the completed rec o n s form for your records.

Who needs rec o n s?

1. Employers: Rec o n s forms are often required by employers for various reasons, such as employee onboarding, payroll processing, or tax purposes.
2. Government Agencies: Government agencies may require rec o n s forms to gather essential information about individuals, businesses, or organizations for compliance, licensing, or regulatory purposes.
3. Financial Institutions: Banks, credit unions, and other financial institutions may request rec o n s forms to open accounts, establish credit, apply for loans, or comply with anti-money laundering regulations.
4. Educational Institutions: Schools, colleges, and universities may ask for rec o n s forms during the admission process, registration for courses, or to determine eligibility for financial aid.
5. Healthcare Providers: Doctors, hospitals, and other healthcare facilities may require rec o n s forms to collect patient information, verify insurance coverage, and ensure accurate medical billing.
6. Housing Authorities: Rec o n s forms might be necessary when applying for housing assistance, Section 8 vouchers, or subsidized housing programs.
7. Professional Associations: Certain professional associations or licensing boards may request rec o n s forms to verify qualifications, certifications, or memberships.
8. Immigration Authorities: Immigration and border control agencies may utilize rec o n s forms to collect data and process applications for visas, work permits, or citizenship.
9. Insurance Companies: Insurance companies often require rec o n s forms when applying for insurance coverage, filing claims, or updating policy information.
10. Legal Authorities: Courts, law enforcement agencies, or attorneys may request rec o n s forms to gather factual details or evidence related to legal matters.

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What is rec o n s?

Rec o n s stands for Report of Foreign Bank and Financial Accounts. It is a form required by the U.S. Department of the Treasury to report foreign financial accounts over a certain threshold.

Who is required to file rec o n s?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file rec o n s.

How to fill out rec o n s?

Rec o n s can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website. The form requires information about the account holder, the account itself, and other relevant details.

What is the purpose of rec o n s?

The purpose of rec o n s is to prevent money laundering, tax evasion, and other financial crimes by monitoring the flow of money in and out of foreign financial accounts.

What information must be reported on rec o n s?

On rec o n s, the account holder must report details such as the account number, name of the financial institution, maximum account value during the year, and the country where the account is located.