Brager Sponsors FBAR Contest

Brager Tax Law Group is sponsoring a contest with the goal of educating tax professionals and taxpayers about the complicated rules surrounding foreign bank account reports.

All U.S. individuals and entities who have a financial interest in or signatory authority over foreign financial accounts with total balances over $10,000 at any time during the year need to file an FBAR (Foreign Bank and Financial Accounts Report) form with the Internal Revenue Service by June 30.

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