<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1673774909537995&amp;ev=PageView&amp;noscript=1">

Aprio Cloud Blog

What is the FBAR and do you have a filing requirement this year?

 

10/13/2020  UPDATE

Taxpayers with Foreign Bank Accounts Affected by U.S. Natural Disasters Get FBAR Deadline Extension

If you are a U.S. taxpayer that typically files a Foreign Bank Account Reporting (FBAR) form on FinCEN 114 and you have been affected by the recent natural disasters in the U.S., such as the California or Oregon Wildfires, the Iowa Derecho, and Hurricanes Laura or Sally, the deadline for filing your FBAR has been extended to December 31, 2020.

This extension provides an additional two months from the original extension date of October 15, 2020, and applies to those whose records are located in the disaster areas, even if the taxpayer does not reside there.

Read More