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August 24, 2023
When it comes to international information reporting penalties, the Internal Revenue Service does not play fairly. That is because international…
June 27, 2022
The FBAR refers to Foreign Bank and Financial Account Reporting which is done by submitting a FinCEN Form 114 to the US government each year to…
January 5, 2022
In general, US Taxpayers have a very difficult time with the IRS enforcement of non-willful FBAR penalties. This is because the penalties are unfair…
December 20, 2021
With all the recent litigation going on involving the FBAR, our international tax lawyers wanted to update a prior article we had authored on the…