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INCORPORATEDVILLAGEOFSANDS POINT POBOX188/26TIBBITSLANE PORTWASHINGTON,NY11050 PH:(516)8833044FAX:(516)7673691 www.sandspoint.org APPLICATION FOR LANDSCAPERS/TREE SERVICES PERMIT 2018January 1, 2018
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What is sands point?
Sands Point is a form used to report foreign bank and financial accounts to the IRS.
Who is required to file sands point?
U.S. persons, including citizens, residents, and entities, who have a financial interest in or signature authority over foreign financial accounts must file Sands Point.
How to fill out sands point?
Sands Point can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by submitting a paper form to the IRS.
What is the purpose of sands point?
The purpose of Sands Point is to prevent tax evasion and money laundering by requiring individuals to report their foreign financial accounts.
What information must be reported on sands point?
Sands Point requires individuals to report the maximum value of each foreign financial account during the year and provide information about the account holder and the foreign financial institution.
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