Nine hundred thousand new FBAR filers since 2009, proving that FinCEN is grossly incompetent, can’t do basic math, and ignores comments from people who can

As has been noted in various news articles (e.g. this one posted by Tom Alciere), the IRS is bragging about FinCEN receiving nearly 1.2 million FBARs last year:

“Taxpayers here and abroad need to take their offshore tax and filing obligations seriously,” IRS Commissioner John Koskinen said. “Improving offshore compliance has been a top priority of the IRS



Comments are closed.