FBAR Non-Willful Penalties are Now “Per-Form,” Not Per-Account Each year, thousands of U.S. taxpayers who hold assets overseas or money in offshore bank or financial accounts […]
IRS laws related to the disclosure of foreign bank accounts by U.S. citizens can be complex. Sometimes, people with such accounts can make unintentional mistakes when […]
For tax laypeople the difference between willful conduct and non-willful conduct seems to be self-evident. That is, the things you meant or intended to do are […]
The central question on many US taxpayers’ mind recently is: “What is the likelihood that the IRS will assess massive FBAR penalties on US taxpayers with unreported or […]