JD Supra3d
Willful FBAR Penalties and the Excessive Fines Clause: District Court Says Context is Key
In its recent decision in United States v. Leeds, the United States District Court for the District of Idaho upheld the ...
TheStreet on MSN1mon
FBAR compliance: Reporting your foreign bank accounts
An FBAR is used to report foreign financial accounts to the federal government, which uses this information to ensure ...
Forbes10d
Failure To Report Foreign Accounts Leads To $2 Million Penalty
Leeds, (D. Idaho 2025) serves as a reminder of the consequences of noncompliance with the Report of Foreign Bank and Financial Accounts (FBAR) requirements. U.S. v. Leeds: A Cautionary Tale ...
Military.com8y
Service Members May Need to File a FBAR Report
Those who choose to keep money in foreign banks may need to file a Report of Foreign Bank and Financial Accounts Report (FBAR). The FBAR is a tool used by the federal government to identify ...