$500K FBAR Penalty Upheld by District Court: What Taxpayers Should Know
December 11, 2025
A District Court recently affirmed that a taxpayer who failed to file multiple years of required Reports of Foreign Bank and Financial Accounts (FBARs) must
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IRS Granted $79.6 Billion to Bolster Taxpayer Services and Enforcement
September 12, 2022
The Inflation Reduction Act of 2022 has been a significant point of conversation since its inception and approval. As a historic reconciliation package for the
SCOTUS to Hear Consequential FBAR Penalty Case
August 19, 2022
The United States Supreme Court is set to hear Bittner v. U.S. in November 2022, a case regarding penalties on Foreign Bank Account Reports, known
IRS Adds Staff to Field Stimulus Payment Questions
May 21, 2020
IRS Adds Staff to Field Stimulus Payment Questions Economic Impact Payment Information Line The IRS announced on Monday May 18th that it would be adding
Families First Coronavirus Response Act
April 15, 2020
Disasters have been declared in all 50 states for the first time in history, in addition to the disaster declaration by the federal government. Congress