fatca reporting
Do you own foreign financial assets? Let´s check if you need to report them to the IRS.
Set a virtual meeting with us today.
FATCA Reporting: What You Need to Know
If you’re a US citizen or resident with an interest in specified foreign financial assets, and the total value of those assets exceeds the reporting threshold, you are required to file Form 8938 along with your annual federal tax return.
The reporting thresholds vary based on whether you live in the US or abroad and your filing status (single, married, etc.).
Not sure if you need to submit Form 8938? Let us help you determine if this form is required to be filed with your tax return, so you stay compliant and avoid penalties.
PHONE: (703) 997-9273 (United States)
(503) 7955-7210 (El Salvador)
EMAIL: ack.cpa9@gmail.com
