What types of business tax returns do you prepare?

We prepare all business entity tax returns including Form 1120 (C-Corp), Form 1120S (S-Corp), Form 1065 (Partnership), Schedule C (Sole Proprietor), and multi-member LLC returns. We also handle franchise tax reports, sales tax filings, and payroll tax returns for Texas businesses.

How much does business tax preparation cost?

Our business tax preparation starts at $750 for simple Schedule C filings and ranges up to $3,500+ for complex multi-state corporate returns. After our initial consultation, we provide a transparent quote based on your specific entity type, number of transactions, and complexity. There are never hidden fees.

When are business tax returns due?

It depends on your entity type. Partnerships and S-Corps are due March 15th, while C-Corps and sole proprietors (Schedule C) are due April 15th. We can file extensions if needed, giving you until September 15th or October 15th respectively. Texas franchise tax reports are due May 15th annually.

Should my business be an LLC or S-Corp?

The right entity depends on your income level, business type, and growth plans. Generally, S-Corps can save on self-employment taxes once your net income exceeds $60,000, but LLCs offer more flexibility. We provide entity selection consulting to analyze your specific situation and can help you convert if beneficial.

What business expenses can I deduct?

Common deductions include office rent, equipment, supplies, professional services, insurance, travel, meals (50% deductible), home office expenses, vehicle costs, and employee wages. We review your expenses to ensure you're capturing all legitimate deductions while maintaining proper documentation.

Do you provide year-round support or just at tax time?

We provide comprehensive year-round support including quarterly tax planning sessions, estimated tax calculations, quick questions via email or phone, and proactive tax-saving recommendations. You work with the same team throughout the year, not just during tax season.

Home > International Tax Services > FBAR Filing Guide: Complete Requirements > FBAR Filing Services

FBAR Filing Services

International tax CPA firm with Big Four experience preparing FBAR (FinCEN Form 114) for U.S. persons with foreign financial accounts. Current year and delinquent filing.

Get Started on Your FBAR

FBAR Penalty Alert

$16,536 - $165,353+ Per Violation

2026 inflation-adjusted FBAR penalties: Non-willful violations up to $16,536 per account. Willful violations up to $165,353 or 50% of account balance (whichever is greater). Criminal penalties can reach $500,000 and 10 years imprisonment.

FBAR is due April 15 with automatic extension to October 15. Multiple accounts multiply the potential penalty exposure.

Avoid Penalties - Start Now

What You Need to Know About FBAR:

FBAR (FinCEN Form 114) reports your foreign financial accounts to the Treasury Department
Filing required if aggregate account value exceeded $10,000 at any time during the year
This is separate from your tax return and filed electronically through BSA E-Filing
2026 penalties: $16,536 non-willful, $165,353+ or 50% of balance for willful violations
Delinquent filing options available for those who missed prior years

Complete FBAR Filing Service

Everything needed for accurate, compliant foreign account reporting

FBAR Preparation

Comprehensive FinCEN Form 114 preparation

All foreign account types
Maximum value calculations
Currency conversion using Treasury rates
Multi-account coordination
Electronic BSA E-Filing submission
Filing confirmation documentation

Account Analysis

Determine your exact filing requirements

$10,000 aggregate threshold calculation
Financial interest determination
Signature authority review
Joint account rules
Business account attribution
Exempt account identification

Delinquent Filing

Assistance for missed prior years

Delinquent FBAR Submission Procedures
Streamlined Filing Compliance
Reasonable cause statement preparation
Multi-year filing coordination
Penalty relief analysis
IRS Voluntary Disclosure evaluation

Our Streamlined FBAR Preparation Process

From documents to filed return in 5 steps

Requirement Analysis

We analyze your foreign accounts to determine if FBAR filing is required and identify all reportable accounts.

Document Collection

We provide a customized checklist for your accounts. Secure portal for uploading bank statements, account records, and maximum balance documentation.

Value Calculation

Our team calculates maximum values for each account and converts foreign currencies using official Treasury year-end exchange rates.

FBAR Preparation

We prepare FinCEN Form 114 with complete information for all reportable accounts, including joint accounts and accounts with signature authority.

Filing & Confirmation

We file your FBAR electronically through the BSA E-Filing System and provide confirmation documentation for your records.

Documents Needed for FBAR Preparation

Prior year FBAR (if filed)
Foreign bank statements (all months or year-end)
Maximum balance records for each account
Account opening documentation

Foreign brokerage/securities statements
Foreign mutual fund statements
Foreign pension account records
Signature authority documentation (if applicable)

Transparent FBAR Pricing

Upfront estimates based on number of accounts and complexity

Service Type	Typical Situation	What's Included	Starting Price
Standard FBAR (1-3 Accounts)	Individual with few foreign accounts	FinCEN 114 + filing	$350
Standard FBAR (4-10 Accounts)	Multiple accounts across countries	FinCEN 114 + filing	$500
Complex FBAR (10+ Accounts)	Many accounts, multiple currencies	FinCEN 114 + detailed analysis	$750
FBAR + Form 8938	Exceeds both thresholds	FBAR + FATCA reporting	$650
Delinquent FBAR (Per Year)	Prior year catch-up filing	Late FBAR + reasonable cause	$400/year
Streamlined Filing	Multi-year with unreported income	Full compliance package	Custom Quote

* Starting prices shown. Final estimate provided after analyzing your specific situation. If scope changes during preparation, we discuss it first. Form 8938 and other international forms additional if required.

Special FBAR Situations We Handle

Delinquent FBAR Filing

Missed FBARs for prior years with no unreported income. We prepare late filings under Delinquent FBAR Submission Procedures with reasonable cause statements.

Streamlined Filing

Non-willful taxpayers with unreported income from foreign accounts. Complete Streamlined Domestic or Foreign Offshore package including 3 years amended returns and 6 years FBARs.

FBAR + Form 8938 Coordination

When you exceed both FBAR ($10,000) and FATCA ($50,000+) thresholds. Coordinated preparation ensuring all foreign asset reporting requirements are met.

Signature Authority FBARs

Reporting for those with signing rights on accounts they don't own. Common for business officers, trustees, and those with power of attorney over foreign accounts.

Multi-Currency Accounts

Complex currency conversion using official Treasury rates. Accounts in multiple countries with different currencies accurately converted and reported.

Penalty Relief Assistance

Reasonable cause statements, First Time Abatement requests, and penalty abatement correspondence for FBAR penalty notices.

Don't Risk $165,353+ in Penalties

Get your FBAR prepared by a CPA firm who specialize in international tax reporting

Start Your FBAR Today

FBAR Filing Services FAQ

Common questions about FBAR Filing Services

What is FBAR and do I need to file one?

FBAR (FinCEN Form 114) is a report of foreign bank and financial accounts filed with the Treasury Department. You must file if the aggregate maximum value of all your foreign financial accounts exceeded $10,000 at any time during the calendar year. This includes bank accounts, securities accounts, and other financial accounts at foreign institutions.

Learn more: Complete FBAR Filing Guide

What are the penalties for not filing FBAR?

2026 penalties are severe: up to $16,536 per violation for non-willful failures, and the greater of $165,353 or 50% of account balance for willful violations. Criminal penalties can reach $500,000 and 10 years imprisonment. Penalties apply per account, per year.

Learn more: FBAR Penalties and Relief Options

When is FBAR due?

FBAR is due April 15 following the calendar year being reported. There is an automatic extension to October 15 with no form required. For 2025 accounts, file by April 15, 2026 (automatic extension to October 15, 2026).

Learn more: FBAR Deadline Guide

What's the difference between FBAR and Form 8938?

FBAR is filed with FinCEN (Treasury) and has a $10,000 threshold. Form 8938 is filed with the IRS as part of your tax return and has higher thresholds ($50,000-$600,000). Many people must file both. The forms have different rules for what must be reported.

Learn more: FBAR vs Form 8938 Comparison

I missed filing FBARs for prior years. What should I do?

If you have no unreported income from the foreign accounts, you may qualify for Delinquent FBAR Submission Procedures, which typically result in no penalties. If you have unreported income, Streamlined Filing or Voluntary Disclosure may apply. Act before the IRS contacts you.

Learn more: Delinquent FBAR Filing Guide

How do I convert foreign currency for FBAR?

Use the Treasury Department's year-end exchange rate to convert foreign currency maximum values to U.S. dollars. We handle all currency conversions using official rates as part of our FBAR preparation service.

Learn more: FBAR Exchange Rates Guide