$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
Routine Traffic Stop Uncovers $1.8 Million Dollar Tax Fraud Scheme
February 10, 2015
Richard Lara of Providence, Rhode Island appeared before the U.S. District Court for the District of Rhode Island on December 4, 2014 to receive his
U.S. Tax Court Holds Pharmacist Owes IRS Nearly A Quarter Million Dollars
February 9, 2015
The United States Tax Court has held that convicted ex-Maryland pharmacist Steven Sodipo liable for over $190,000 in back taxes, penalties, and additions. According to