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WE C.A.R.E. Creating Active Recreation ExperiencesOnSiteKid Club Program Registration Packet Joseph Wider Elementary 751 Stone bridge Lane, Lathrop. Rec desk.comMossdale Elementary 455 Brookhurst
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we c stands for Report of Foreign Bank and Financial Accounts (FBAR), which is required by the IRS to report any foreign financial accounts held by US persons.
US persons who have a financial interest in or signature authority over foreign financial accounts with an aggregate value over $10,000 at any time during the calendar year.
The FBAR form can be filed electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
The purpose of FBAR is to prevent money laundering, tax evasion, and other financial crimes by providing transparency on foreign financial accounts held by US persons.
The FBAR requires reporting of the account holder's name, address, account number, type of account, and maximum account value during the year.
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