Ram Shastri

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Important Supreme Court Decision will Decide how Non-Willful FBAR Penalties are Calculated

This fall, the Supreme Court is set to hear an important case regarding the interpretation of the law that provides for penalties for failing to file an FBAR. The case will impact many taxpayers who have already been...more

9/28/2022  /  Bank Secrecy Act , Certiorari , Civil Monetary Penalty , Compliance , FBAR , Foreign Bank Accounts , IRS , SCOTUS , Tax Evasion
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