Serbinski Accounting Firms

I don't have signing authority over the accounts, just a financial interest. In most of them it is 50% exactly (which I think is non-reportable), but for one it may be more.

Hi,

My understanding of the fbar rules is that you only have to report a trust if you qualify as having a financial interst in it, which is defined as a present beneficial interest of more than 50%, or being entitled to more then 50% of the trusts proceeds that year. So, even if I am otherwise ...