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WWW.focus.org Friends of the Fairfax County Animal Shelter P.O. Box 2321 Centreville, Virginia 20122 Dear Friend, Thank you for showing your support of our community animal shelter by collecting items
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FFCAS stands for Foreign Financial Account Statement, it is a report filed with the IRS to disclose information about foreign financial accounts.
U.S. persons with foreign financial accounts exceeding certain thresholds are required to file FFCAS.
FFCAS can be filled out electronically using the FinCEN's BSA E-Filing System.
The purpose of FFCAS is to help prevent tax evasion by ensuring accurate reporting of foreign financial accounts.
FFCAS requires reporting of the account owner's information, details of the foreign financial account, and the maximum value of the account during the reporting period.
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