Litigation Activity Keeps Spotlight on Reporting of Foreign Financial Accounts
Katz,Sapper&Miller
JUNE 25, 2018
With penalties including monetary fines and possible jail time, the Internal Revenue Service (IRS) and Department of the Treasury have shown how seriously they treat violations related to foreign financial account reporting. Considering such tough penalties, it is critical to understand who is required to file, what information is needed, and how recent cases could impact you
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