If you are a US citizen or resident and have “offshore” bank or investment accounts (including accounts in Canada), read this:
Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (the “FBAR”), is used to report a financial interest in or signature authority over a foreign financial account. Your 2011 FBAR must be received by the Department of the Treasury on or before June 30, 2012. The June 30 deadline may not be extended.