
Insight
Are FBAR penalties potentially even more severe when party to a trust or estate?
Last week, the American College of Trust & Estate Counsel (“ACTEC”) filed an amicus brief in Alexander Bittner v. U.S., a Fifth Circuit case that
Last week, the American College of Trust & Estate Counsel (“ACTEC”) filed an amicus brief in Alexander Bittner v. U.S., a Fifth Circuit case that
A lengthy litigation over “willful” penalties in failing to file an FBAR has potentially come to a close with adverse results to the taxpayer, and