Let’s Talk About Tax

For more than 50 years, the IRS provided various procedures for taxpayers who had failed to file their required “Report of Foreign Bank and Financial Accounts” (FBARs) on FinCEN Form 114 under the U.S. Bank Secrecy Act. However, on July 1, 2026, the IRS quietly removed the webpage from its website that was dedicated to those DFSP Procedures.