Brager Tax Law Group

A Los Angeles tax attorney and his firm have announced a new contest that will test people's knowledge of the Foreign Bank and Financial Accounts Report (FBAR) rules as they apply to U.S. taxpayers. The contest is open to anyone who is not a tax attorney, which means yes, CPAs and other tax professionals are eligible.

In a recently released report to Congress, the U.S. Government Accountability Office (GAO) says that while the IRS has collected billions of dollars from offshore tax evasion, it may be missing even more.