AICPA requests that Treasury's Financial Crimes Enforcement Network (FINCEN) reduce or eliminate foreign bank account report filing requirements for 2009 and earlier for individuals with statutory authority but no financial interest in a foreign bank account of financial account.
"See, AICPA Calls on FINCEN to Eliminate Some Prior Year FBAR Filing Requirements, 2011 TNT 116-46"
Posted by Adam Fleischer, Associate Editor, Wealth Strategies Journal

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