What is a Content Management System?
What Are the Deadlines for Filing?
The standard deadline for filing U.S. taxes is April 15 (balance due). However, if you're living abroad, you automatically receive a two-month extension until June 15. If you need more time, you can file Form 4868 for an extension until October 15. In the event that you need additional time, you may write a letter to the IRS for special cases (provided you have previously filed Form 4868), and you may be granted an extension until December 15. Keep in mind that any taxes owed are still due by April 15 to avoid interest or penalties.
What is a FBAR?
The Foreign Bank Account Report (FBAR) is a form (FinCEN Form 114) that U.S. citizens, Green Card holders, and residents must file if they have foreign financial accounts exceeding $10,000 in total at any time during the calendar year. It’s submitted electronically through the Financial Crimes Enforcement Network (FinCEN) by April 15, with an automatic extension to October 15. The FBAR helps the U.S. government track offshore accounts to prevent tax evasion.
