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FAYETTEVILLE PUBLIC SCHOOLS AGREEMENT FOR PROFESSIONAL SERVICES This Agreement for Professional Services (this Agreement) is entered into by and between the Fayetteville School District No. 1 of Washington

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What is fayar?

FAYAR stands for Foreign Account Tax Compliance Act Reporting.

Who is required to file fayar?

US taxpayers with foreign financial accounts exceeding certain thresholds are required to file FAYAR.

How to fill out fayar?

FAYAR can be filled out electronically through the IRS website or by paper forms.

What is the purpose of fayar?

The purpose of FAYAR is to combat tax evasion by US taxpayers holding assets in foreign financial institutions.

What information must be reported on fayar?

FAYAR requires information about foreign financial accounts, including the highest balance in the account during the reporting period.

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