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Estate Planning and Administration News

New FBAR and Tax Filing Deadlines

Posted on: Aug 5, 2015

President Obama recently signed into law HR3236, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015. The Act made several key tax law changes in the revenue provisions, including: (1) new FinCEN Report 114 (FBAR) filing and extension deadlines, (2) tax filing deadlines and (3) changes to consistent basis reporting between the estate and the person acquiring the property from decedent.

To read more about these changes, click here.

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