insurance essentials
Is a Foreign Life Insurance Account Custodial or Depository?
Clarifies whether a foreign life insurance account is classified as custodial or depository, and what that classification means for U.S. reporting and tax treatment.
Every article on UseSpace Review about Fbar Reporting — 3 stories covering it, newest first.
insurance essentials
Is Life Insurance Reported on FBAR?
Life insurance is generally not reported on FBAR, but foreign policy cash value and surrender value can trigger reporting. Learn the rules and exceptions.
workers compensation claims
What Is FBAR for Life Insurance and Why It Matters
Learn what an FBAR is, how it applies to life insurance policies, and the reporting requirements for U.S. taxpayers with foreign accounts. Stay compliant and protect your assets.
Topic