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Michigan Technological University20092010 SALARY BOOKLET January 26, 2010, Employee Abbott, Michael D Abdelhalim, Osama O Abramson, Amanda L Abramson, Christine M Abramson, Kurt R Abramson, Susan
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abbott michael d is a form used by the IRS to report certain foreign bank and financial accounts.
US persons who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
The form can be filled out electronically using the BSA E-Filing System or manually by downloading the form from the IRS website and mailing it in.
The purpose of the form is to combat tax evasion by requiring individuals to report their foreign financial accounts.
The form requires information such as the account number, name and address of the foreign financial institution, and the maximum value of the account during the year.
The deadline to file the form is April 15, 2023.
The penalty for late filing can range from $100 to $10,000 depending on the circumstances.
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