Dec 21, 2016

Major Filing Date Change for 2017 - Foreign Bank Account Reporting

There is a major change in filing deadline in 2017. This one is for Foreign Bank Account Reporting also known as FBAR. This report has always been due on June 30th of each year. For the first time, the deadline has now changed to April 15th.

However, The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced that all taxpayers will get an automatic extension for FBAR to October 15th each year. In 2017, the extended deadline is October 16, 2017.