United States – FBAR Filing Reminder, IRS Issues More Information

United States – FBAR Filing Reminder, IRS Issues...

The deadline for filing the Report of Foreign Bank and Financial Accounts (FinCen Form 114, otherwise known as “the FBAR”) for calendar year 2013 is June 30, 2014. Paper filings of the former FBAR form (Form TD F 90-22.1) are no longer permitted because filers must now e-file their FBARs using the BSA E-Filing System. KPMG LLP (U.S.) has produced a video entitled “2014 FBAR Filing Update,” (approx. 7 minutes), which you may view at: http://www.kpmginstitutes.com/taxwatch/insights/2014/2014-fbar-filing-update.aspx .

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