13d ago in General discussion
FinCEN Provides FBAR Relief
The Financial Crimes Enforcement Network (FinCEN) today issued four notices extending the filing date of Reports of Foreign Bank and Financial Account (FBARs) for victims of recent natural disasters.
Victims of these recent natural disasters are granted an FBAR filing extension, as detailed in each of the notices, for the 2023 calendar year. As set out in the notices, FinCEN is offering this expanded relief to any area that is designated both by the Federal Emergency Management Agency as qualifying for individual or public assistance and by the Internal Revenue Service (IRS) as eligible for tax filing relief, as a result of the specific natural disasters described in the notices. FinCEN deadlines for FBAR filings will be the same as those set forth in IRS designations. For this reason, the FBAR filing extension dates may differ.
Please refer to the applicable notice.
Notice regarding Tropical Storm Francine: https://www.fincen.gov/.../FBAR-Notice-Hurricane-Francine...
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FinCEN Provides FBAR Relief
