The Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file FinCEN Form 114 (Report of Foreign Bank and Financial Accounts). Unlike Form 8938, the FBAR (FinCEN Form 114) is not filed with the IRS. It must be filed directly with the office of Financial Crimes Enforcement Network (FinCEN), a bureau of the Department of the Treasury, separate from the IRS.| www.irs.gov
Living trust vs will: Discover the key differences between these essential estate planning tools. Learn which option best suits your needs!| The Budgetnista
Who needs estate planning? Everyone! Protect your assets and loved ones. Discover why estate planning is essential for all adults. Learn more!| The Budgetnista
Are financial advisors fiduciaries? Learn the difference between fiduciary and non-fiduciary advisors, and why it matters for your financial well-being.| The Budgetnista
Get information on how the estate tax may apply to your taxable estate at your death.| www.irs.gov