FBAR Update: Good News for Treasurers But More Questions Too
Now, there is good news about FBAR… sort of.
Buried in HR 3236, the legislation to pay for the federal Highway Trust Fund, signed into law by President Obama on July 31, is a provision that changes filing dates for FBAR.
- The date to file FBAR moves from June 30 to April 15.
- A “first-time abate” is authorized.
- A six-month filing extension is created — October 15.
Original Story at AFP Online