The US Government is not totally heartless

 

Notice September 12, 2017

FinCEN Provides FBAR Relief to Victims of Hurricane Irma; Virgin Islands, Puerto Rico and Parts of Florida Now Eligible; Extension Filers Have Until January 31, 2018 to File

WASHINGTON –– FinCEN announced today that Hurricane Irma victims in affected areas of the U.S. Virgin Islands, Puerto Rico, and Florida have until January 31, 2018, to file their Report of Foreign Bank and Financial Accounts (FBAR) report for the 2016 calendar year.

The FBAR for calendar year 2016 would otherwise be due October 15, 2017.

FinCEN is now offering this expanded relief to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. Currently, the following areas in the Virgin Islands: St. John (Island) (County- equivalent), and St. Thomas, (Island) (County-equivalent); the following areas in Puerto Rico: Culebra (Municipios), Vieques (Municipios), and 16 counties (Broward, Charlotte, Clay, Collier, Duval, Flagler, Hillsborough, Lee, Manatee, Miami-Dade, Monroe, Palm Beach, Pinellas, Sarasota, and St Johns) in Florida are eligible for individual assistance. Should FBAR filers in other localities affected by Hurricane Irma be deemed eligible for individual assistance at a later date, they will automatically receive the same filing relief.

In addition, FinCEN will work with any FBAR filer who lives outside the disaster area but whose records required to meet the deadline are located in the affected area regardless of where the filer resides. FBAR filers who live outside the disaster area seeking assistance in meeting their filing obligations (including workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization), should contact the FinCEN Resource Center at 800-767-2825 (703- 905-3591 Not Toll Free) or frc@fincen.gov.

FBAR relief is part of a coordinated federal response to the damage caused by Hurricane Irma and is based on local damage assessments by FEMA. For information on disaster recovery, visit disasterassistance.gov.

For information on government-wide efforts related to Hurricane Irma, please visit:

https://www.usa.gov/hurricane-irma 

Link:

FinCEN Notice

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s