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W W W. RE NODE RSI. Coma Vida Vinyl
VOLS ME 2, FE B RU ARY 2018The progression of the rebirth of
vinyl has been going on for over a
decade. It is far too long and too
smooth of a growth
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What is re nde rsi?
Re nde rsi stands for Report of Foreign Bank and Financial Accounts, it is a form used to report foreign financial accounts.
Who is required to file re nde rsi?
US persons with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file re nde rsi.
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Re nde rsi can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by mailing a paper form to the IRS.
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The purpose of re nde rsi is to combat tax evasion and money laundering by ensuring that foreign financial accounts are properly reported.
What information must be reported on re nde rsi?
Re nde rsi requires reporting of the name of the financial institution, the account number, the maximum balance of the account during the reporting period, and other identifying information.
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