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SCHOOL SUPPLIES DRIVE O R T H E C H R I S T I A N T H EX A M A I C A N S C H O O L F O R D E A Suggested Supplies: bulletin board borders, scrapbook paper, two pocket folders, extension cords, erasers,
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f o r t is the acronym for the Foreign Account Tax Compliance Act.
Financial institutions, including banks, investment firms, and certain insurance companies, are required to file f o r t.
f o r t can be filled out electronically through the IRS portal or by submitting paper forms.
The purpose of f o r t is to combat tax evasion by ensuring that U.S. citizens and residents with foreign financial accounts report their assets to the IRS.
f o r t requires reporting on foreign financial accounts, including the account holder's name, address, and account balance.
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