For 2014, FBARs must be electronically filed by June 30 through the BSA E-Filing System using the electronic FinCEN Form 114, which supersedes the now-obsolete paper Treasury Department Form 90-22.1.

For e-filing questions or help, call the BSA E-Filing Help Desk at 866-346-9478 or e-mail BSAEFilingHelp@fincen.gov . Contact the Regulatory Helpline at 800-949-2732 or 703-905-3975, if you need to discuss acceptable alternatives to e-filing.

New – FBAR Reference Guide on IRS.gov.

Questions regarding the FBAR can be sent to FBARquestions@irs.gov.

For additional information sign up for this one-hour FBAR webinar on June 4.

4. Employee Plans Phone Forum Set for May 22

The May 22 Employee Plans phone forum will cover issues affecting related employers such as controlled and affiliated service groups, how the IRS reviews and evaluates these groups and more.

5. Technical Guidance

Revenue Procedure 2014-32 establishes a one-year pilot program to provide relief to plan administrators who fail to timely file Form 5500 EZ.

Notice 2014-35 applies administrative relief to late filers of Form 5500 who satisfy the requirements of this notice and the Delinquent Filer Voluntary Compliance (“DFVC”) Program administered by the Department of Labor (“DOL”) Employee Benefits Security Administration.

Notice 2014-37 provides guidance on an amendment to reflect the outcome of United States v. Windsor that is adopted after the beginning of a plan year and is effective during a plan year (“mid-year amendment”) to a plan described in Section 401(k)(12) or (13) (“Section 401(k) safe harbor plan”) or Section 401(m)(11) or (12) (“Section 401(m) safe harbor plan”) of the Internal Revenue Code pursuant to Q&A-8 of Notice 2014-19, 2014-17 I.R.B. 979 (April 21, 2014).

Thank you for subscribing to e-News for Tax Professionals an IRS e-mail service.

If you have a specific concern about your client's tax situation, call the IRS Practitioner Priority Service 1-866-860-4259.

This message was distributed automatically from the mailing list e-News for Tax Professionals. Please Do Not Reply To This Message

To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site.

Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com.

This service is provided to you at no charge by the Internal Revenue Service (IRS).