Tax Mithra - Your trusted partner for US tax filing, business compliance, and international reporting support.

Phone Number

+1 909-330-1099

909-492-7979 / 909-991-7200

Email Address

contact@mytaxmithra.com

FBAR & FATCA Compliance

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FBAR & FATCA Compliance
International Tax

FBAR & FATCA Compliance

Stay Compliant with US International Reporting Requirements

  • Professional Support
  • Dedicated Tax Advisors
  • Remote Friendly

US taxpayers with foreign financial assets or overseas bank accounts may have additional reporting obligations beyond their annual tax return. Tax Mithra helps individuals and businesses understand and meet FBAR and FATCA compliance requirements accurately and on time.

  • FBAR preparation and filing
  • FATCA reporting
  • Foreign financial asset reporting
  • PFIC reporting guidance
  • Prior-year compliance assistance
  • NRI and expatriate reporting support

Foreign Bank Account Report (FBAR)

The FBAR is an annual reporting requirement for certain US persons who have a financial interest in or signature authority over foreign financial accounts exceeding applicable reporting thresholds during the calendar year.

Foreign Account Tax Compliance Act (FATCA)

FATCA requires certain US taxpayers to report specified foreign financial assets on their federal income tax return when they exceed applicable reporting thresholds. FBAR and FATCA are separate reporting requirements with different rules.

Frequently Asked Questions

No. They are separate requirements with different filing rules and thresholds.

Yes. We provide guidance for current and prior-year international reporting compliance.