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W w w.f m s o c an l. C o mo. C .1425 West Baker Street, Costa Mesa, CA 92626O. C .714.662.7600S. D.7477 Girard Avenue, La Jolla, CA 92037S. D.858.454.9211MESSAGE FROM THE PRESIDENT Murray Colander
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What is f m s o?
F M S O stands for Foreign Bank and Financial Accounts Report (FBAR).
Who is required to file f m s o?
Any United States person who has a financial interest in or signature authority over foreign financial accounts.
How to fill out f m s o?
The FBAR form must be filed electronically through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of f m s o?
The purpose of FBAR is to combat tax evasion by US persons who hide money in offshore accounts.
What information must be reported on f m s o?
Information such as the maximum value of each foreign account during the reporting period and the country where the account is held.
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