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FBAR Guidance Keeps Coming - Emil Estafanous, CPA : Emil Estafanous, CPA

FBAR Guidance Keeps Coming

Many filings of the Report of Foreign Bank and Financial Accounts (FBAR), Form TD F 90-22.1, for calendar 2010, or for 2009 and progressing years are still due by Jun 30, 2011.

However, some FBAR filers have perceived extensions recently due to any of 3 pieces of superintendence released in late May and Jun 2011 by a Financial Crimes Enforcement Network (FinCEN) or a Internal Revenue Service (IRS), including:

Each of these pieces of superintendence impacts a opposite sub-set of intensity FBAR filers.  Those who might still need to record an FBAR for calendar 2010, 2009 or progressing years that might be due by Jun 30, 2011 should examination any of these pieces of superintendence to establish what, if any, impacts a several pieces of superintendence might have on their possess FBAR filing situation.

About Emil Estafanous, CPA
Certified Public Accountant (CPA) Tax Professional committed in representing taxpayers and resolving their tax problems.

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