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MIDWESTERN CHAPTER ISA AWARDS PROGRAM 2017 O F F I C I A L E N T R Y F O R M Please Consider This Work For The Following Award: MIDWESTERN CHAPTER AWARD OF MERIT: Recognizes outstanding meritorious
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O F F stands for Report of Foreign Bank and Financial Accounts (FBAR), which is a form required by the US Department of the Treasury.
US persons, including citizens, residents, corporations, partnerships, and trusts, with a financial interest in or signature authority over foreign financial accounts.
The FBAR form can be completed online through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of FBAR is to combat money laundering and tax evasion by US persons who hide assets in offshore accounts.
Information about the foreign financial accounts, including the account number, name on the account, type of account, and maximum value during the reporting period.
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