August 2010 - Sherayzen Law Office

27 August 2010
Comments: 1

Minnesota Money Transmitter License Application: Required Enclosures

27 August 2010, Comments: 1

When a business entity applies for a Minnesota money transmitter license, the applicant must be aware that, in addition to answering the questions on [...]


26 August 2010
Comments: 0

Minnesota Money Transmitter License Application: Expiration of Initial License Considerations

26 August 2010, Comments: 0

Applying for a money transmitter license in Minnesota can be an expensive enterprise, and the applicant should make sure that he will be able [...]


25 August 2010
Comments: 0

FBAR: Financial Interest, Signature Authority, and Other Comparable Authority

25 August 2010, Comments: 0

One of the major requirements that gives rise to the obligation to file the FBAR is that a U.S. person has either a financial [...]


23 August 2010
Comments: 5

FBAR Penalties

23 August 2010, Comments: 5

In this essay, I would like to discuss some of the penalties that may be imposed as a result of the failure to file [...]


21 August 2010
Comments: 0

FBAR: Aggregate Value Requirement

21 August 2010, Comments: 0

FBAR filing is required only if the aggregate balances of a U.S. person’s foreign financial accounts exceed $10,000. Despite appearances, the requirement that the [...]