Challenging IRS International Assessable Reporting Penalties
When it comes to international information reporting penalties, the Internal Revenue Service does not play fairly. That is because international…
Source: lexology.com
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What if You Do Not File FBAR? (How to Resolve)
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…
Source: lexology.com
Fighting Non-Willful FBAR Penalties: A 10-Step Roadmap
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…
Source: lexology.com
FBAR Litigation in Federal Court: 5 Important Facts
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…
Source: lexology.com