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Step One CSA Study Notes Texas Association, Family, Career and Community Leaders of America Below are notes to study for the Step One CSA: What does FCCLA stands for? The FCCLA colors are what? What
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FCSA stands for Foreign Account Tax Compliance Act.
Financial institutions and certain non-financial foreign entities are required to file FCSA.
FCSA is typically filled out through the IRS's online portal.
The purpose of FCSA is to combat tax evasion by US persons holding accounts abroad.
Information such as account balances, interest, dividends, and account holder details must be reported on FCSA.
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