Never filed an FBAR? Let's fix it the safe way.
If your foreign accounts added up to more than $10,000 at any point in a year, you needed to file an FBAR. Plenty of people never knew. How you file the late ones matters more than how late they are.
Sound familiar?
- Your everyday bank account, savings and pension add up to well over $10,000.
- You've never heard of an FBAR, or only just found out.
- You saw the penalty numbers online and stopped sleeping well.
- You file U.S. taxes every year, but nobody mentioned the FBAR.
Two safe routes. We pick yours.
The difference comes down to one question: was the income from those accounts on your U.S. returns?
How we file them
- 1
List your accounts
Bank, savings, investment, pension, insurance with cash value, and accounts you can sign on, like a parent's or employer's.
You: tell us what you have.
- 2
Find the maximums
The highest balance of each account in each year, converted with the U.S. Treasury's year-end rate.
You: upload statements. We do the math.
- 3
File electronically
Each FBAR goes to FinCEN online, with the right late-filing explanation for your route.
You: review and approve.
What it costs
- The consultation is free, with no obligation.
- $499 flat for the last six years of late FBARs, agreed in writing first. If some income wasn't reported, it's a Streamlined package instead.
- FBARs are free to file with FinCEN. No government fee.
Whether penalties apply is decided by the IRS based on your facts. We'll explain your risk honestly before you pay us anything.
Common questions
Does an FBAR mean I owe tax?
No. The FBAR is a report, not a tax return. It doesn't calculate or charge any tax. It just lists your foreign accounts and their highest balances.
My pension is locked until retirement. Do I report it?
Often yes. Many foreign pensions and retirement accounts count as foreign financial accounts for the FBAR, even when you can't touch the money yet.
Is the $10,000 per account?
No, it's the total. If the highest balances of all your foreign accounts add up to more than $10,000 at any time in the year, every account goes on the FBAR.
Missed FBARs? Breathe. This is fixable.
Tell us what you have and our tax team will confirm the safest route, for free.
Get in touch →