From the Tax Law Offices of David W. Klasing - Federal Court holds: IRS Foreign Bank Account Reporting Penalties Can Now Exceed the Regulatory Cap
Retrieved on:
Tuesday, November 16, 2021
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The best action you can take to avoid facing these extreme penalties is to contact the Tax Law Offices of David W. Klasing today.
Key Points:
- The best action you can take to avoid facing these extreme penalties is to contact the Tax Law Offices of David W. Klasing today.
- These reporting requirements are contained within the Report of Foreign Bank and Financial Accounts, or the "FBAR" or FinCen 114 .
- The Tax Law Offices of David W. Klasing has earned a reputation of a client-first firm that won't back down to federal or state government pressure.
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SOURCE Tax Law Offices of David W. Klasing, PC