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Foreign bank account reporting deadline looms
June 09, 2009
William Perez reminds us that foreign bank accounts must be disclosed by June 30 on Form 90-22.1. This form is required for both owners of such accounts and those with signature authority over them.
The form must be mailed separately from any tax returns. Be sure it is postmarked by June 30; the penalties for failure to file are atrocious.
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