FinCEN Extends FBAR Filing Deadline Again

The Financial Crimes Enforcement Network ("FinCEN") extended the deadline further for filing a Report of Foreign Bank and Financial Accounts ("FBAR"). On December 10, 2014, FinCEN issued Notice 2014-1 to extend the filing date to June 30, 2016 for FinCEN Form 114 - FBAR1 for certain individuals with signature authority over, but no financial interest in, one or more foreign financial accounts. Over the past four years, FinCEN has issued identical extensions that applied to similarly situated individuals.

For that reason, FinCEN extended the FBAR filing deadline to April 15, 2017.