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September 2008 FREE TO RESIDENTS F D WU Submitted by Sharon Garden e Darby Volunteer Fire Company reports that this year's Fun Day was a huge success! Preparation for this large community event started
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What is f d w?
F d w stands for Foreign Bank and Financial Accounts Report.
Who is required to file f d w?
U.S. persons with foreign financial accounts that exceed certain thresholds are required to file f d w.
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F d w can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
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The purpose of f d w is to combat tax evasion and money laundering by U.S. persons holding foreign financial accounts.
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F d w requires information about the account holder, the account itself, and any financial institutions where the account is held.
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