FBAR issues

The FAQ may be badly worded but the fact the extension applies to FBARs has been regularly reported by CCH, BNA, etc. and a senior IRS official has directly confirmed it with my firm.  People can take it or leave it.  If it were me and I hadn't filed I would rather take the chance to get it in by October 15, referring to the IRS announcement, rather than do nothing. 

And the 2010 extension applies for signatories with no financial interest or has to do with comingled funds.  The large majority of people here, I would simply guess, are needing to file an FBAR for their personal/joint bank accounts, so neither of the exceptions would apply.

This is where we disagree. The majority of people I speak with have "co-mingled funds".  The majority have until June 30, 2010 to file.

The IRS have little authority on FBARs although they may like to think that they do.  The DOJ has historically only imposed penalties in criminal cases so - generally speaking - the October 15th deadline remains meaningless unless you are going for the 20% contract under voluntary disclosure.

I suspect that we actually agree more than we disagree, but in essence the story here is to get them filed when you can - if you have foreign comingled funds (the majority of the UK population do indeed have these) the deadline now stands at June 3oth, 2010.

I don't think we are particularly disagreeing at all.  The things you are seeing are allowing the June 30 2010 deadline while I am seeing persons with non comingled funds so the 2010 deadline for comingled isn't particularly relevant if they already have to file earlier.  Our experiences are just different.

Regardless, I wasn't commenting initially on anything other than the extension applying to October 15 from September 23 because earlier posts said that this wasn't the case (without mention of the 2010 deadline).  And even if one disagrees with that then I would still suggest filing (even late) rather not filing at all.  YMMV.