Forbes: FBAR Penalty Stacking Stopped: A Class Action For Taxpayer Refunds? (June 18, 2021)

Forbes has published an article, “FBAR Penalty Stacking Stopped: A Class Action For Taxpayer Refunds?”, which discusses foreign bank account report penalties. The article begins as follows:

In this installment of Willis Weighs In, Tax Notes contributing editor Benjamin M. Willis talks with Mark Oberstaedt and Ken Ahl, partners at Archer, about their help with a major taxpayer victory regarding foreign bank account report penalties.

Click here to see the full article: “FBAR Penalty Stacking Stopped: A Class Action For Taxpayer Refunds?”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

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