We do not consider ourselves a financial institution or a foreign institution. However, if you have a financial interest in or signature authority over a foreign financial account, the IRS requires you to file Form TD F 90-22.1 (FBAR) annually. This is required if the total value of your foreign accounts exceeds $10,000 at any time during the year.
If you are unsure whether you need to file this form, we recommend speaking with your tax advisor. Additionally, you may contact us if you have further questions.
For any questions, contact an account representative at 239 692-9154.
