BNA Covers Groom Comment Letter on Report of Foreign Bank and Financial Accounts (FBAR)

Groom submitted a letter to the Internal Revenue Service (IRS) asking for the temporary suspension of a requirement for employee benefit plan sponsors and providers to file a Report of Foreign Bank and Financial Accounts (FBAR) form until IRS can review and respond to public comments. Florence Olsen reported on the letter in the article, “Employee Plans Guidance on FBARs In Final Stages of Review, IRS Official Says, “published on July 31st, 2009 inPension & Benefits Daily.

Read the Groom Comment Letter.