Monday, January 23, 2017

Reminder: FBARs Due in April Starting This Year

Until now, the Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts was due on June 30 of each year, for purposes of reporting accounts for the preceding calendar year.

An announcement by FinCen reminds preparers and account holders that starting this year, the due date has been moved, starting for 2016 accounts, to April 15 (actually, April 18 for 2017). Here is the text of the announcement:

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New FBAR Due Date Announcement

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