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