Update: We have a winner! It’s Chad! For the answer, see the comments!
Our next tax trivia question for the giveaway is:
This year, thanks to UBS, the Bank Secrecy Act has gotten a lot of press. Under the Act, each US person must file a Report of Foreign Bank and Financial Accounts (FBAR) if they have an interest in or signature power over a foreign account AND the aggregate value of all foreign financial accounts exceeds a certain dollar value at any time during the calendar year. What’s the magic number?
The first correct answer wins free CCH tax prep software.
Remember that you have to comment on the actual post, not on email, Twitter or Facebook, in order to win (though feel free to comment that way for fun). You can read the rules for the giveaway and more about the prizes here.
What’s your guess?
$10,000
$10,000
What is $10,000
doh!!
I’m glad that Des gave a response in the form of a question.
Thanks Mary, maybe Taxgirl will consider my proper response as the first answered. :-).
I didn’t even notice that Chad responded before me..re: doh!
Free software would be great for my start up tax businesss.
$10,000
$10,000