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$50,000 Vs. $2.72 Million: Supreme Court Weighs Steep IRS Penalties On Foreign Bank Accounts

Por: Forbes Business November 03, 2022

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Concept image for filing federal income taxes online and being audited. Computer keyboard, ... [+] calculator and pen are placed on income tax form 1040. The 'word' AUDIT is stamped on the form 1040. getty The Supreme Court has some weighty cases to consider, but most Americans may not take notice of what seems like obscure IRS penalty provisions. The tax community has been watching IRS penalties for years — particularly how foreign... + full article



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