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APRIL 2012-Page 1 Smoke Signals WESTMORELAND FAYETTE COUNCIL Boy Scouts of America 2 Garden Center Drive Greensburg, PA 15601 www.wfbsa.org APRIL 2012 VOLUME #17 ISSUE #4 April is Scouting for Food

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1. Start by gathering all the necessary information and documentation required for filling out the wfbsa form.
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4. Proceed to provide information about your employment status or business details depending on the nature of the form.
5. Fill in any financial information required, such as your income or expenses, assets or liabilities, depending on the nature of the wfbsa form.
6. Review the filled-out form to ensure all information is accurate and complete.
7. Sign and date the form as required.
8. Follow any additional instructions provided for submission or delivery of the form.

Who needs wfbsa:

1. Individuals who are seeking financial assistance or benefits from a government or private organization may need to fill out a wfbsa form.
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What is wfbsa?

WFBSA stands for Report of Foreign Bank and Financial Accounts, which is a report required by the United States Department of the Treasury to be filed by United States persons who have a financial interest in or signature authority over foreign financial accounts.

Who is required to file wfbsa?

Any United States 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 WFBSA.

How to fill out wfbsa?

WFBSA can be filled out electronically on the Financial Crimes Enforcement Network (FinCEN) website. The form requires information about the foreign financial accounts, including their location, account numbers, and maximum value during the year.

What is the purpose of wfbsa?

The purpose of WFBSA is to prevent tax evasion, money laundering, and other financial crimes by ensuring that United States persons report their foreign financial accounts to the government.

What information must be reported on wfbsa?

The information reported on WFBSA includes the name and address of the foreign financial institution where the account is held, the type of account, the account number, and the maximum value of the account during the year.