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Craig M. Bergen Partner Craig. Bergen porter hedges. Come 713.226.6699 f 713.226.62991000 Main Street, 36th Floor Houston, Texas 77002 United StatesPRACTICES Tax Corporate Private Company Disputes
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What is f 713?
F 713 is a form used for reporting information related to foreign financial accounts.
Who is required to file f 713?
Any U.S. person who has a financial interest in or signature authority over one or more foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out f 713?
The form can be filled out online or submitted by mail. It requires information such as the account number, name of financial institution, and maximum value of the account.
What is the purpose of f 713?
The purpose of F 713 is to prevent tax evasion by ensuring that U.S. persons report their foreign financial accounts to the IRS.
What information must be reported on f 713?
Information such as account numbers, account balances, and the name of the financial institution where the account is held must be reported on F 713.
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