07/16/2026
Foreign trust reporting is one of those areas where small mistakes can become very expensive.
For U.S. taxpayers who own, receive distributions from, or have certain transactions with a foreign trust, compliance is not just about filing a form. It requires the right classification, accurate reporting, supporting documentation, and a clear strategy to reduce exposure before issues arise.
Forms such as 3520, 3520-A, 3520-S, 3520-C, and 1040 each come with specific requirements, deadlines, and potential penalties when reporting is incomplete or incorrect.
At FAS CPA & Consultants, we help foreign trust clients simplify a complex process with:
✔ Trust classification and analysis
✔ Accurate and timely filing support
✔ Penalty mitigation and voluntary disclosure guidance
✔ Strategic tax planning
✔ Year-round CPA support
Our goal is to help you stay compliant, protect your wealth, and plan with confidence.
Foreign trust reporting is not something to leave until the IRS asks questions.
📩 Schedule your consultation with FAS CPA & Consultants.