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Established in 1982 Florida Association of Professional Process Servers P.O. Box 72 Melbourne, FL 32902-0072 Toll free: (877) 383-2777 (321) 952-0820 Fax: (321) 728-0818 Email: administrator apps.org
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What is fapps?
FAPPS stands for Foreign Asset Protection and Planning System. It is a form used to report foreign assets.
Who is required to file fapps?
US citizens, residents, and certain non-residents with foreign assets exceeding a certain threshold are required to file FAPPS.
How to fill out fapps?
FAPPS can be filled out electronically using the IRS website or through a tax professional.
What is the purpose of fapps?
The purpose of FAPPS is to report foreign financial accounts and asset holdings to the IRS.
What information must be reported on fapps?
FAPPS requires information on foreign bank accounts, securities, and other financial assets held overseas.
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