Court Sustains Non-willful FBAR Penalty on Per Account Basis
Can FBAR penalties be assessed on a per account basis? In the recent United States v. Boyd, the court answered that question when it found …
Can FBAR penalties be assessed on a per account basis? In the recent United States v. Boyd, the court answered that question when it found …
Each year the IRS rolls out campaigns to identify the the top compliance issues for the year. For each of these campaigns, the IRS will …
Few things are more confusing for U.K. foreign nationals and U.S. expats residing in the U.K. than the U.S. tax code, especially as it applies …
Recently, a California U.S. District Court entered default judgment in favor of the Government in an FBAR penalty suit in the case of United States …
We write this article because we frequently have clients come to us after having read another blog or after their own casual reading of an …
According to the IRS, foreign trusts are a major compliance issue: Citizens and residents of the United States are taxed on their worldwide income. To …
Earlier this month, in United States v. Arvind Ahuja (E.D. Wisc. Dkt. No. 18-cv-01934), the IRS sued a prominent neurosurgeon to reduce to judgment an …
The IRS issued a memorandum on November 29, 2018 that updates the process for domestic and offshore voluntary disclosures after the 2014 offshore voluntary disclosure …
Each year the IRS rolls out campaigns to identify the the top compliance issues for the year. For each of these campaigns, the IRS will …
At a recent conference, the IRS opened up about its cryptocurrency compliance efforts. To combat tax evasion from those engaged in cryto trading, the IRS …