June 25, 2021
A Florida resident has no grounds to refuse to use his overseas cash to help satisfy a nearly $16 million court judgment for failing to report his overseas bank accounts to the IRS, the U.S. government told a federal court.
August 27, 2020
A Florida man's failure to report interest related to his foreign bank accounts will cost him $15.7 million, a federal judge ruled after the court had miscalculated his deficiency during a previous adjudication.
March 23, 2020
The Internal Revenue Service miscalculated a Florida man's $13.7 million penalty for failing to properly file reports on his foreign bank accounts and must redetermine the correct amount, a federal court has ruled.
August 26, 2019
A Florida federal judge has declined to rule on whether a dual U.S.-German citizen owes approximately $15.6 million in civil penalties for alleged willful failure to disclose offshore bank accounts, concluding the matter should instead be decided at trial.