Final Due Date for 2019 FinCEN Form 114 (FBAR)

Reports of Foreign Bank and Financial Accounts (FBAR) must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN) no later than October 15.  Severe penalties may be assessed for willful and nonwillful violations.

2019 FinCEN Form 114 (FBAR) Due

Reports of Foreign Bank and Financial Accounts (FBAR) are due on April 15 and must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN).  All taxpayers who are not able to meet this deadline will be granted an automatic extension until October 15.

IRS Simplifies Foreign Trust Reporting

IRS Simplifies Foreign Trusts Reporting

Posted Posted in Latest News

Foreign Pensions of US Expats and Inbound Foreign Nationals: IRS Simplifies Reporting Rules For Certain Foreign Trusts But There Is More to Consider   Summary The Internal Revenue Service (IRS) released on March 2, 2020, Revenue Procedure 2020-17, which exempts certain U.S. citizens and residents from foreign trust information reporting requirements relating to certain tax-favored […]

Final Due Date for 2018 FinCEN Form 114 (FBAR)

Reports of Foreign Bank and Financial Accounts (FBAR) for 2018 must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN) no later than October 15.  Severe penalties may be assessed for willful and nonwillful violations.

2018 FinCEN Form 114 (FBAR) Due

Reports of Foreign Bank and Financial Accounts (FBAR) are due on April 15 and must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN).  All taxpayers who are not able to meet this deadline will be granted an automatic extension until October 15.

Final Due Date for 2017 FinCEN Form 114 (FBAR)

Reports of Foreign Bank and Financial Accounts (FBAR) for 2017 must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN) no later than October 15.  Severe penalties may be assessed for willful and nonwillful violations.

2017 FinCEN Form 114 (FBAR) Due

Reports of Foreign Bank and Financial Accounts (FBAR) are due on April 17 and must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN).  All taxpayers who are not able to meet this deadline will be granted an automatic extension until October 15.

Final Due Date for 2016 FinCEN Form 114 (FBAR)

Reports of Foreign Bank and Financial Accounts (FBAR) for 2016 must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN) no later than October 16.  Severe penalties may be assessed for willful and nonwillful violations.

2016 FinCEN Form 114 (FBAR) Due

Reports of Foreign Bank and Financial Accounts (FBAR) are due on April 18 and must be filed electronically through the Bank Secrecy Act (BSA) E-Filing System of the Financial Crimes Enforcement Network (FinCEN).  All taxpayers who are not able to meet this deadline will be granted an automatic extension until October 16.