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FOR SALE oadCha368vd it BlrsUniveCRrR ndle69CR 3TAYLORHUTTO12985 CHANDLER RD | Taylor, TX 7657410.25 ACRES INVESTMENT LANDPROPERTY FEATURESDETAILSOutside the city limits10.25 AcresApproximately 1,000
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OAD stands for Offshore Account Disclosure. It is a form used to report foreign financial accounts to the IRS.
US persons including citizens, residents, and entities are required to file OAD if they meet the threshold for reporting foreign financial accounts.
OAD can be filled out electronically using the FinCEN BSA E-Filing System or by mailing a paper form to the IRS.
The purpose of OAD is to disclose foreign financial accounts and comply with reporting requirements to prevent tax evasion.
Information such as account numbers, types of accounts, account balances, and the location of financial institutions must be reported on OAD.
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