March 29, 2023
A Floridian fighting a $17.9 million judgment for hiding foreign bank accounts must transfer enough money from his overseas accounts to cover the debt, a Florida federal judge ruled, rejecting the man's arguments the court lacked authority to order the repatriation.
January 23, 2023
A Floridian should be allowed to keep about $18 million overseas while the Eleventh Circuit weighs his appeal against the IRS' penalty calculation for undisclosed Swiss bank accounts, he told a Florida federal court, arguing against the U.S. government's repatriation bid.
January 06, 2023
The U.S. should be allowed to seize the overseas funds of a Floridian who moved his assets offshore in the wake of an $18 million penalty for failing to report foreign bank accounts, the U.S. told a Florida federal court Friday.
October 28, 2022
A Florida man owes $18 million in penalties for willfully failing to report his foreign bank accounts after a Florida federal court found that the Eleventh Circuit, which had faulted the IRS' penalty calculation, didn't vacate the court's determination of his culpability.
May 18, 2022
A Florida man still faces penalties originally set at $18 million for not reporting foreign bank accounts, a federal district court ruled, saying it retained jurisdiction even after a circuit court remand for the Internal Revenue Service to recalculate penalties.
January 06, 2022
A Florida resident can keep about $18.5 million overseas while the Eleventh Circuit mulls whether to uphold penalties for his failure to disclose Swiss bank accounts to the Internal Revenue Service, a federal judge ruled, pausing her earlier repatriation order.
December 23, 2021
A Florida man shouldn't have to repatriate $18.2 million to satisfy a judgment finding he failed to disclose his Swiss bank accounts to the IRS while he challenges the decision in the Eleventh Circuit, he told a federal court.
October 26, 2021
A Florida man must repatriate roughly $18.2 million held in his overseas bank accounts to pay a court judgment finding he failed to disclose his Swiss accounts to the Internal Revenue Service, a federal judge said.
July 15, 2021
A Florida resident told a federal court that he shouldn't be forced to repatriate $18.2 million held in overseas banks to satisfy a judgment for failing to report his Swiss bank accounts to the Internal Revenue Service.
June 30, 2021
A Florida federal court can force a taxpayer to repatriate $18.2 million held in overseas banks to satisfy a $12.6 million judgment for failing to report his Swiss bank accounts to the IRS, a magistrate judge determined Wednesday.