US v. Schwarzbaum: $15 Million + FBAR Penalties Not Time Barred in Summary Judgment Motion

The US District Court for the Southern District of Florida rejected the summary judgment motion of the taxpayer claiming that the $15 million plus FBAR penalties assessed against him should be set aside because they were time barred. 

Click US v. Schwarzbaum to see Summary Judgment Order.

See also detailed summary of case by Golding & Golding by clicking here. 

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.

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