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IRS Arbitrarily Calculated $1.5M FBAR Penalty, Court Says

By David Hansen · May 12, 2020, 7:34 PM EDT

The IRS arbitrarily calculated a penalty of over $1.5 million for a woman who failed to file foreign bank account reports, a California federal court has ruled, but she still must...

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Documents

Order

Case Information

Case Title

Margaret J. Jones v. The United States of America

Case Number

2:19-cv-04950

Court

California Central

Nature of Suit

Taxes

Date Filed

June 06, 2019

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