DIRECTIONS FOR FILING FBAR (FORM 114) FOREIGN FINANCIAL ACCOUNT REPORT ON LINE - THIS IS DUE 6/30/15 FOR 2014

You can download step by step directions for filing the Form 114 (FBAR) to report your foreign financial accounts HERE   If you need help filing this form or want a CPA/Attorney  to file the form for you email us at ddnelson@gmail.com.   Also if you have questions on whether or not you should file the form or need to file ones for past years (the statute of limitations is six years which means if you are required to file the form you should file the past six years) please contact us. www.expatattorneycpa.com 

This means if you had combined highest balances in your Mexican Bank and Stock accounts of $10,000 US (when converted from Pesos) or more in 2014 you must file this form.  This includes accounts you own and those you just sign on but do not have any interest in!  Penalty for not filing this form is $10,000 or more per year and possible criminal penalties up to five years in prison.