Florida Woman's FBAR Penalty Applies Per Account, US Says

By David Hansen · February 1, 2022, 5:47 PM EST

Federal law sets a $10,000 penalty for each foreign bank account taxpayers don't report to the IRS, not for every annual form they don't file, justifying a $230,000 tax bill for...

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Case Information

Case Title

United States of America v. Hadley

Case Number

8:21-cv-01357

Court

Florida Middle

Nature of Suit

Forfeit/Penalty: Other

Date Filed

June 04, 2021