FBAR

You are required to file a Report of Foreign Bank and Financial Accounts (FBAR) Form TD F 90-22.1 with IRS, each year if you have a financial interest in or signature authority over financial accounts, including bank, securities or other types of financial accounts, in a foreign country (say India), if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year

How Virtuous Tax will help you in Foreign Bank & Financial Accounts to Avoid Penalties

Virtuous Tax provides complete insight in the code of tax that applies to all the Resident Individuals in USA including H1 Visa Holders, Green Cards Holders, Citizens and whoever applicable

• Analysis and planning to reduce FBAR Penalty.
• IRS Representation by Tax Experts like Enrolled Agents or Affiliated CPA’s.
• AMT Strategies, Foreign Tax Credit.
• Complete compliance, Peace of mind guaranteed.
• Preparation of Tax Amendments.