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Jot It Down FA LL20 12B U D CWA LED I T I ON Buddy Walk Time INSIDE THIS ISSUE: New Board2Tee Up2Karaoke2ABLE3Working Together3The Next Step3Buddy Walk45Loving Louise6UHN Foundation6Lending Library6Brothers
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What is fa ll?
Fa ll stands for Foreign Account Tax Compliance Act.
Who is required to file fa ll?
Financial institutions around the world are required to file fa ll.
How to fill out fa ll?
Fa ll can be filled out electronically through the IRS FATCA portal.
What is the purpose of fa ll?
The purpose of fa ll is to combat tax evasion by US citizens using foreign accounts.
What information must be reported on fa ll?
Fa ll requires reporting on foreign financial assets and accounts held by US taxpayers.
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