202010.160

FinCEN Withdraws Notice regarding Dec 31 2020 deadline

FinCEN Clarifies FBAR Extensions October 16, 2020 On October 14, 2020, FinCEN posted an incorrect message on its Bank Secrecy Act (BSA) E-Filing website. FinCEN removed it within 24 hours. The message incorrectly stated there was a new filing extension until December 31, 2020 for all filers of Reports of Foreign Bank and Financial Accounts…