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U. S. DEPARTMENT OF LABOREmployees Compensation Appeals Board In the Matter of BARBARA A. BURGEON and U.S. POSTAL SERVICE, POST OFFICE, Jersey, PA Docket No. 02619; Submitted on the Record; Issued
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Burgeson and U is a tax form used by individuals who have foreign financial accounts to report those accounts to the IRS.
Any individual who has 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 is required to file Burgeson and U.
The Burgeson and U form can be filled out online through the FinCEN website or by paper and mailed to the IRS.
The purpose of Burgeson and U is to report foreign financial accounts to the IRS in order to combat tax evasion and money laundering.
The form requires information such as the name and address of the foreign financial institution, the account number, the maximum value of the account during the year, and the type of account.
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