FBAR Filing Services for US Expats & Cross-Border Professionals
Foreign bank accounts over $10,000 must be reported annually. Our IRS Enrolled Agents handle your FinCEN Form 114 filing — and help you catch up on missed years without penalties.
2026 FBAR Deadline: April 15, 2026 (automatic extension to October 15, 2026). Filed separately from your tax return with FinCEN.
What Is FBAR & Do You Need to File?
The Report of Foreign Bank and Financial Accounts (FBAR) is required by the Bank Secrecy Act. Failure to file carries some of the harshest penalties in US tax law.
You Must File FBAR If:
- You are a US citizen, resident, or Green Card holder
- You had foreign financial accounts in 2025
- The combined maximum value exceeded $10,000 at any point during the year
- Accounts include banks, brokerages, Canadian TFSAs/RRSPs, pensions, and more
FBAR vs. Form 8938 (FATCA)
Many clients must file both. We handle both.
FBAR Penalties Are Severe
The IRS and FinCEN assess some of the largest penalties in tax law for FBAR violations. Acting now — before you're contacted — is critical.
| Violation Type | Potential Penalty |
|---|---|
| Non-willful FBAR violation | Up to $14,489 per account per year |
| Willful FBAR violation | Greater of $144,886 or 50% of account balance |
| Criminal (willful failure to file) | Up to $250,000 and/or 5 years in prison |
| Failure to file with Streamlined | $0 (for non-willful violations) |
Penalty amounts reflect 2024 inflation adjustments. Source: IRS and FinCEN guidance.
How We Handle Your FBAR Filing
From gathering account data to e-filing with FinCEN — we manage the entire process.
Free Consultation
We assess which foreign accounts require reporting and identify the best compliance path.
Gather Account Data
We guide you through collecting maximum account balance data from each qualifying account.
Prepare & Review
Our Enrolled Agents prepare your FinCEN Form 114 filings and review for accuracy.
E-File to FinCEN
We electronically submit your FBAR to the Financial Crimes Enforcement Network by the deadline.
Missed Prior FBAR Filings?
If your failure to file was non-willful, you may qualify for the IRS Streamlined Filing Compliance Procedure — which allows you to catch up on 6 years of FBARs with zero penalties.
Learn About Streamlined FilingFBAR Filing FAQs
Ready to Get Started?
Schedule a consultation or explore our services to see how we can help with your tax and accounting needs.
Need immediate assistance? Call us at +1 (815) 934-8525