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' FOLEY 8, LARDNER RECEIVED MAY 3 0 2017 HEALTH FACILITIES & SERVICES REVIEW BOARDATTORNEYS AT LAW 321 NORTH CLARK STREET. SUITE 2800 CHICAGO. IL 606545313 312.832.4500 TEL 312.832,4700 FM WWW.FOLEY.COM

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What is 4500 tel?

4500 tel is a form used by individuals or entities to report foreign financial accounts to the Internal Revenue Service (IRS) in the United States.

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Individuals or entities who have ownership or control over foreign financial accounts with a total aggregate value exceeding $10,000 at any time during the calendar year are required to file Form 4500 tel.

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Form 4500 tel can be filled out electronically through the BSA E-Filing System or by mailing a paper copy to the IRS.

What is the purpose of 4500 tel?

The purpose of Form 4500 tel is to help prevent tax evasion by ensuring that individuals and entities report their foreign financial accounts to the IRS.

What information must be reported on 4500 tel?

Information such as the account holder's name, address, account number, type of account, and the maximum value of the account during the calendar year must be reported on Form 4500 tel.

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