For those US persons who will need to take advantage of the IRS Amnesty program – and especially the tax professionals who will be assisting them – there is a much needed reprieve in that the IRS extended the deadline for filing under this program. The original deadline was September 23, 2009. The new deadline for the IRS Amnesty Program to file FBAR forms is October 15th, 2009.
Read the full story on the Associated Press: http://hosted.ap.org/dynamic/stories/U/US_TAX_HAVEN_CRACKDOWN?SITE=TXKER&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2009-09-21-06-35-30
Addtional Related story from the Miami Herald: http://www.miamiherald.com/business/story/1245263.html