FinCEN creates confusion over FBAR filing
On October 14, 2020, one day before the due date for all FBAR (Reports of Foreign Bank and Financial Accounts) filers, the Financial Crimes Enforcement Network (FinCEN) posted a message stating that the deadline for FBAR filings was extended to December 31, 2020. Normally the FBAR is due on April 15th, with an automatic extension …