FBAR filing date extended to June 30, 2014 for certain officers and employees with signature authority over company accounts

The Financial Crimes Enforcement Network (FinCEN) on December 26, 2012 released Notice 2012-2, to further extend the reporting due date for certain officers and employees with signature authority over company-owned foreign financial accounts on Form TD F 90.22-1, Report of Foreign Bank and Financial Accounts (FBAR). Based on Notice 2012-2, the previous deadline of June 30, 2013 has been extended to June 30, 2014 for eligible officers and employees to file their 2010, 2011 and 2012 FBARs.