01
Reportability review
A preparation-level review of the account types, ownership, financial interest, and signature-authority facts you provide.
FinCEN Form 114 preparation
FBAR preparation with the account facts checked first.
The $10,000 rule is only the beginning. I review ownership, signature authority, maximum values, account types, and filing history before confirming the preparation scope.
Scope before payment: Preparation is separate from legal advice, willfulness analysis, penalty defense, and representation. No page or intake result promises penalty-free treatment.
Clear deliverables
What the accepted FBAR scope can include
Your written scope controls. If a form or legal issue falls outside it, you will know before preparation begins.
02
Maximum account values
A records checklist and conversion approach for the reportable maximum values for each accepted year.
03
FinCEN Form 114 preparation
Preparation of the accepted current-year or late FBAR forms within the written engagement scope.
04
Filing confirmation and copies
A review step before submission, followed by retained copies and the available filing confirmation.
The process
From intake to a reviewed filing
No sales maze and no silent handoff. You receive the next step in writing.
- 1
Map the accounts and years
List institutions, countries, account types, ownership, signature authority, and approximate maximum values.
- 2
Screen filing history and risk
Late filings, IRS contact, tax-return omissions, and potential intent issues are identified before a procedure is suggested.
- 3
Approve the preparation scope
You receive the accepted years, records checklist, exclusions, and price in writing.
- 4
Review and submit
You review the completed filings before authorized electronic submission and receive copies.
Fit and limits
Before I accept the work
- The aggregate threshold is generally measured across reportable accounts.
- An account can matter even if no income was earned.
- FBAR and Form 8938 are separate reporting systems with different rules.
- Potential willfulness, criminal exposure, or penalty defense is attorney-first work.
Questions before you start
Frequently asked questions
Who generally has an FBAR filing requirement?
A U.S. person generally files when the aggregate value of reportable foreign financial accounts exceeded $10,000 at any time during the calendar year. Account ownership, signature authority, and account type can affect the analysis.
Is the $10,000 threshold per account?
No. It is generally an aggregate threshold across reportable foreign financial accounts, not a separate threshold for each account.
How are late FBARs handled?
The correct next step depends on filing history, IRS contact, tax-return compliance, account facts, and potential willfulness issues. I do not promise penalty relief or select a legal position from a short questionnaire; attorney review is recommended when intent or exposure is in question.
Are virtual-currency accounts reportable on an FBAR?
FinCEN Notice 2020-2 states that an account holding only virtual currency is not currently reportable on the FBAR, unless the account also holds reportable assets. Other tax reporting may still apply, and future FinCEN rules can change.
Know your next step before you pay.
Start the intake or scope call and receive the preparation path in writing.