This article is the second in a series analyzing the proposed Taxpayer Assistance and Service Act (the “TAS Act”), bipartisan legislation introduced by Senators Crapo and Wyden to improve service
Continue Reading The Taxpayer Assistance and Service Act: Title II: American Citizens AbroadFBAR
US Supreme Court to Settle Long-Disputed FBAR Penalty Issue
By Matthew D. Lee on
Matthew D. Lee authored the Bloomberg Tax article, “US Supreme Court to Settle Long-Disputed FBAR Penalty Issue.” View the full article.
Continue Reading US Supreme Court to Settle Long-Disputed FBAR Penalty IssueUS Supreme Court to Review Non-willful FBAR Penalty
By Fox Rothschild LLP on
The U.S. Supreme Court has agreed to resolve a dispute concerning the maximum applicable penalty for non-willful violations of the foreign bank account reporting statute. The Ninth and Fifth circuit…
Continue Reading US Supreme Court to Review Non-willful FBAR Penalty