New FBAR Form and Guidance on FBAR Requirements and Form 1040 Questions

The IRS and/or FinCen have recently released the following:

1.  New FBAR form (Form TD F 90-22.1). 

2.  New FinCen FBAR regulations effective 3/28/11,  previously discussed here.

3.  Notice 2010-31 advising taxpayers:

Beginning March 28, 2011, the recently published final FBAR regulations will be effective and should be referenced, along with the revised FBAR form and instructions, when answering FFA-related questions on 2010 tax and information returns.