Today, the IRS issued a news release reminding taxpayers that they may need to file a Report of Foreign Bank and Financial Accounts (FinCEN Report 114, commonly referred to as the FBAR) by June 30.  The release states: “[i]n general, the filing requirement applies to anyone who had an interest in, or signature or other authority over foreign financial accounts whose aggregate value exceeded $10,000 at any time during 2014.  Because of this threshold, the IRS encourages taxpayers with foreign assets, even relatively small ones, to check if this filing requirement applies to them.”