Form 8938
Both the Form 8938 and FBAR forms require U.S. Persons to report Foreign Accounts to the IRS.
deadlines
The federal income tax filing and payment due dates for the 2020 tax year for individuals will be automatically extended from April 15, 2021, to May 17, 2021.
Supplement addendum
On April 30th, the IRS issued Notice 2020-32 pertaining to the deductibility of certain otherwise deductible expenses when the taxpayer receives a Paycheck Protection Program (PPP) loan.
financial planning
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of the year.

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