If you have foreign bank accounts exceeding $10,000 at any time during the calendar year, you’re required to file a Foreign Bank Account Report (FBAR). Failing to do so can result in steep IRS FBAR penalties. At Munoz & Company, CPA, we provide comprehensive FBAR filing services to individuals and businesses in Fort Lauderdale, FL. With over 40 years of experience, our licensed professionals simplify the process of reporting foreign bank accounts while ensuring full compliance with federal laws.
Why FBAR Filing Matters
FBAR, or Foreign Bank Account Reporting, is a critical IRS requirement for U.S. taxpayers with foreign financial interests. Non-compliance can lead to severe FBAR penalties, including hefty fines and legal action. Whether you’re unsure how to file FBAR or you’ve missed previous filings, Munoz & Company, CPA is here to help you avoid costly mistakes.
Why Choose Munoz & Company, CPA for FBAR Filing in Fort Lauderdale?
- Over 40 Years of Experience: Owner Gilbert J. Munoz, a certified public accountant and certified tax resolution specialist, leads our team with decades of tax compliance expertise.
- Certified & Trusted: We’re proud members of the AICPA, Florida Institute of CPAs, and the American Society of Tax Problem Solvers, ensuring you receive top-tier service.
- Personalized Service: Every client receives customized solutions tailored to their specific foreign account reporting needs.
- Free Consultations: Not sure if you need to file? Schedule a no-cost consultation at our Fort Lauderdale office for expert guidance.
Our FBAR Filing Process
Navigating IRS FBAR requirements can be overwhelming. Our proven process includes:
- Initial Consultation: We assess your foreign financial assets to determine filing requirements.
- Documentation Gathering: We help collect all necessary foreign bank account information.
- Accurate Filing: Our experts ensure your FBAR filing is timely and error-free.
- Compliance Support: We provide guidance for ongoing foreign bank account reporting to avoid future penalties.
Schedule Your Free FBAR Filing Consultation Today
Don’t risk costly FBAR penalties. Let Munoz & Company, CPA guide you through how to file FBAR correctly and on time. Our Fort Lauderdale office is ready to assist with all your foreign account reporting needs.
Call us now for a free consultation and get the expert help you deserve!
