Senate Hearings and Department of Justice/IRS Actions Likely to Drive up Reports of Foreign Banks and Financial Accounts (FBAR)

43,000 Taxpayers have disclosed their offshore accounts to IRS as Senate wants numbers to rise. Direct Tax Relief (DTR) assists clients with FBAR requirements On February 26, 2014 the Senate Permanent Subcommittee on Investigations held a hearing on “Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts” (The Permanent Subcommittee on Investigations-Hearings-2/26/14).
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IRS Warns of Sophisticated Telephone Scams Targeting Taxpayers

Direct Tax Relief (DTR) takes increased calls from taxpayers who have been contacted by scammers saying they owe money to the IRS and must be paid rapidly.. On October 31, 2013 the 
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