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Classifieds/ GEN. SERVICES / SIT. VACANT ISLAND CONNECTIONS :: EDITION 656 :: 18/11/2011 01/12/2011 CLASSIFIEDS DEADLINE General Services The deadline for edition 657, which is published on 2nd December,
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Island connections 656 is a form or document used to report foreign financial accounts to the IRS.
U.S. persons who have 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 are required to file island connections 656.
Island connections 656 can be filled out electronically using the FinCEN BSA E-Filing system or by submitting a paper form to the IRS.
The purpose of island connections 656 is to report foreign financial accounts to the IRS and comply with the Bank Secrecy Act.
Island connections 656 requires the disclosure of information such as the account number, name of the financial institution, and maximum value of the account during the reporting period.
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