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F U T U R E S E A R C H N E T W O R K Managing a Future Search a Leadership Workshop, December 79, Philadelphia, PA Lead More, Control Less a Master Facilitation Class December 1011, Philadelphia,
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F U T U stands for Foreign Bank and Financial Accounts Report.
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file F U T U.
F U T U can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by mail using Form 114.
The purpose of F U T U is to combat tax evasion by ensuring that individuals disclose their foreign financial accounts.
F U T U requires individuals to report the maximum value of their foreign financial accounts during the year, as well as information about the account itself.
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