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An r t B e a t. 2 0 1 4 c r an f t v e n d o r a p p l i c a t i o n saturday, July 19th Davis Square, Somerville MA (Rain Date: Sunday, July 20th) Heartbeat is Somerville's annual multimedia street
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A r t b stands for Report of Foreign Bank and Financial Accounts (FBAR).
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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.
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The FBAR form is filed electronically through the Financial Crimes Enforcement Network (FinCEN) website.
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The purpose of the FBAR is to report a financial interest in or signature authority over foreign financial accounts as required by the Bank Secrecy Act.
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The FBAR requires reporting the maximum value of each foreign financial account during the reporting year, the country where each account is located, the name on the account, and more.
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