L-1 With Late FBAR Filing: Penalty Review Failing to submit FinCEN Form 114 (FBAR) on time is a frequent compliance issue for L-1 visa holders. The Treasury Department enforces...
New U.S. Citizen FBAR vs FATCA: What Gets Confused It is easy for newly naturalized U.S. citizens to confuse FBAR and FATCA reporting rules. While both forms aim to...