Q. How does an FBAR filer amend a previously filed FBAR?
Q. What happens if an account holder is required to file an FBAR and fails to do so?
Q. Can cumulative FBAR penalties exceed the amount in a taxpayer's foreign accounts?
Q. How long should account holders retain records of the foreign accounts?
Q. For filing FBARs for prior years, should the current FBAR form be used or should the previous version of the form be used?
Q. Does more than one form need to be filed for a husband and wife owning a joint account?
Q. Are UBS account holders still eligible for the Voluntary Disclosure Practice? The income earned on my client’s foreign account has not been reported on his Form 1040, nor have FBARs been filed.
Continue to part 4: http://topimmigrationnews.blogspot.com/2013/02/fbar-reporting-foreign-accounts-to-irs_2906.html