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F E AT U R S F E AT U R EE S JANUARY 2012 VOL. 27 NO. 1 You are cordially invited to 2 Presidents Perspective held at 3 Program & Fax Back Form Benvenuto Restaurant 4 Member of the Year Ballot 5 HAPPY
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What is f e at u?
F e at u stands for Foreign Account Tax Compliance Act.
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US taxpayers with foreign financial accounts are required to file f e at u.
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F e at u can be filled out electronically through the IRS's online portal.
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The purpose of f e at u is to help prevent tax evasion by US taxpayers with foreign accounts.
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