FBAR & FATCA Compliance
Jacob Tax Solutions provides expert guidance on Foreign Bank Account Report (FBAR) and Foreign Account Tax Compliance Act (FATCA) requirements. Essential for Indian-Americans with NRE/NRO accounts, PPF, or other foreign financial accounts exceeding reporting thresholds.
Key Benefits:
- FBAR filing (FinCEN 114) for accounts over $10,000
- FATCA Form 8938 preparation
- NRE/NRO account reporting
- PPF and Indian investment disclosure
- Penalty abatement assistance
- Streamlined filing procedures for late filers
How It Works
1
Account Assessment
Review all foreign financial accounts including Indian bank accounts and investments.
2
Data Collection
Gather account statements and maximum balance information for the reporting year.
3
Form Preparation
Jacob Tax Solutions prepares FinCEN 114 and Form 8938 with accurate account details.
4
Filing & Confirmation
Submit reports electronically and provide confirmation receipts for your records.
Ready to Simplify Your Taxes?
Contact Jacob Tax Solutions today and experience hassle-free tax services with a free consultation and draft in 24 hours
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