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Fall 2015R OS all i n d Phi l i p s P hot OGR AP HY Work sh ops Special points of interest: Photo TripsOnline SavingsVolume V, Issue 2Rosalind Philips Photography2015 Fall Workshops Special Milky
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R os al i stands for Report of Foreign Bank and Financial Accounts.
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file r os al i.
R os al i can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
The purpose of r os al i is to report foreign financial accounts to the IRS to combat tax evasion.
R os al i requires information such as the account holder's name, address, account number, and maximum value during the reporting period.
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