Couple Liable For FBAR Fines, Fed. Claims Court Rules

By Amy Lee Rosen (November 30, 2017, 7:49 PM EST) -- The U.S. Court of Federal Claims on Thursday found two U.S.-Canadian taxpayers were liable for penalties for failing to alert the Internal Revenue Service to foreign bank accounts, saying the fines could not be excused because of their failure to read over their tax returns....

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