Statute
FBAR
239 published works
Tax
Court Rules Non-Willful Per Violation FBAR Fine is Excessive: New 2021
By Board-Certified Tax Law Specialist
Court Rules Non-Willful Per Violation FBAR Fine is Excessive Court Finds that Non-Willful Per Violation FBAR Fine is Excessive Court Finds Non-Willful Per Violation FBAR Fine is Excessive: In United…
Tax
Comparing IRS International Tax Compliance Options for 2021
Comparing IRS International Tax Compliance Options for 2021 Comparing IRS Voluntary Tax Compliance Options Comparing IRS Voluntary Tax Compliance Options: Over the past few years, the IRS has updated and…
Webb & Morton PLLC Blog
FBAR Penalties: Per Account, Per FBAR
By Jason Morton
Just last year, a taxpayer in the Fifth Circuit won a case against the IRS challenging its assertion of non-willful FBAR penalties on a per account basis. Now, there is…
Tax
FBAR Exchange Rate 2020: What Exchange Rate to Use?
By Board-Certified Tax Law Specialist
FBAR Exchange Rate and Maximum Account Value FBAR Exchange Rate 2020 FBAR Exchange Rate & FBAR Maximum Account Value: Two of the most common questions we receive about the FBAR,…
Tax
FBAR Exchange Rate: What Exchange Rate to Use?
By Board-Certified Tax Law Specialist
FBAR Exchange Rate and Maximum Account Value FBAR Exchange Rate FBAR Exchange Rate & FBAR Maximum Account Value: Two of the most common questions we receive about the FBAR, is…
Tax
Foreign Investment Accounts & FBAR: (New) Update
Foreign Investment Accounts and FBAR Foreign Investment Accounts & FBAR Foreign Investment Accounts & FBAR: When it comes to the FBAR and US Persons, one of the most complicated…
Tax
5 Preventable Streamlined Filing Mistakes that can be Avoided
By Board-Certified Tax Law Specialist
5 Preventable Streamlined Filing Mistakes 5 Preventable Streamlined Filing Mistakes 5 Preventable Streamlined Filing Mistakes: The IRS (stand-alone) streamlined filing procedures are approaching its 8th year. The standalone procedures were…
Tax
FinCEN Notice 2020-2: FBAR Cryptocurrency/Virtual Current Reporting 2021
FinCEN Notice 2020-2 FBAR Cryptocurrency Virtual Currency FinCEN Notice 2020-2 & FBAR Crypto Reporting FinCEN Notice 2020-2 & FBAR Crypto Reporting Requirements: For many years, our international tax lawyers have…
Tax
Bedrosian Case Remand: District Court Finds Willful FBAR Violation
By Board-Certified Tax Law Specialist
(New) Court Rules Bedrosian Subject to Willful Penalties Bedrosian Court Finds Willful FBAR Violation Important of the Bedrosian Remand & Shift to Willful Penalties: A few years back, there was…
Tax
What is the FBAR Statute of Limitations?
FBAR Statute of Limitations FBAR Statute of Limitations FBAR Statute of Limitations: The FBAR statute of limitation rules are different than other IRS Tax enforcement rules. That is because the…