How to avoid a 6-figure tax penalty on foreign bank accounts

Americans with overseas assets know to file taxes, but filing with the FBAR can be easy to overlooked.  H. Jude Boudreaux, CFP®, Sr. Financial Planner at our New Orleans office shares with CNBC how to avoid a 6-figure tax penalty.



Jude Boudreaux, CFP®, is a Partner/Sr. Financial Planner in the Chicago and New Orleans offices of The Planning Center, a fee-only financial planning and wealth management firm. Email him at