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Barbara Weltman

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Deadline Today for FBAR Filing

June 30, 2016 / By Barbara Weltman

If you have foreign accounts, you may be required to file FinCEN Form 114 by today. Filing threshold: accounts valued over $10,000 at any time during 2015. No extension is available this year; filing is electronic only through the BSA E-Filing System. Find details in the IRS FBAR Reference Guide. Next year the deadline moves to April 15.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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