Sotheby’s has announced it will auction a solid gold toilet, a sculpture by Italian artist Maurizio Cattelan called “America.” The auction is set for Nov. 18 in New York Unanswered questions about ...

What are your FBAR requirements as a U.S. person or taxpayer for an offshore account, group of accounts, property, or investment? The penalties for non-compliance with reporting offshore accounts, ...

Welcome to the worst timeline, folks. Not that we needed more proof we live in that one... New Reese’s Oreo Cup Is Tasty, But Only If Luck Is On Your Side We may earn a commission when you buy through ...

We independently review everything we recommend. We may get paid to link out to retailer sites, and when you buy through our links, we may earn a commission. Learn more› By Jon Chase Jon Chase is an ...

The Eleventh Circuit held that three penalties of 23 assessed against a taxpayer for failure to file Financial Crimes Enforcement Network (FinCEN) Form 114, Report of Foreign Bank and Financial ...

In a world obsessed with the next tech unicorn, eShan has his eyes set on a different throne. While millions of gallons of potable water spiral down America’s toilets with each passing minute, this ...

The Tax Court held that FBAR penalties are not a tax imposed by the Code and, therefore, are not subject to the requirements of Secs. 6320 and 6330. Facts: Stephen C. and Judy A. Jenner were assessed ...

The US government has implemented multiple measures to curb tax evasion and ensure proper reporting of overseas assets. Two key regulations central to these efforts are the Foreign Bank and Financial ...

Abstract: In this article, a generalized iterative design methodology for hybrid devices based on film bulk acoustic resonators (FBARs) is proposed. The methodology aims to reduce the simulation ...

A Report of Foreign Bank and Financial Accounts must be filed by a U.S person with financial interests in or authority over certain foreign accounts. If you’re a U.S. citizen living abroad, it ...

Stephanie S. Vogel, left, and John W. Schmehl, right, of Dilworth Paxson. Courtesy photos. As Benjamin Franklin wisely observed, "In this world, nothing is certain except death and taxes." For U.S.

Under the Bank Secrecy Act, U.S. taxpayers must file an FBAR (FinCEN Form 114) if their foreign financial account balances exceed $10,000 in aggregate at any point during a calendar year. A failure to ...