United States of America v. Mazloum
Case Number:
1:20-cv-04099
Court:
Nature of Suit:
Judge:
Firms
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July 06, 2021
IRS Can't Impose Multiple FBAR Fines Per Year, Court Told
Recent court decisions limit penalties for inadvertently failing to report foreign bank accounts to $10,000 per year instead of per account, slashing a Syrian woman's tax bill by almost $100,000, she told a federal court.
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October 07, 2020
IRS Says Syrian Immigrant Owes $136K In FBAR Penalties, Interest
A woman who moved to the U.S. from Syria in 2009 owes the Internal Revenue Service nearly $136,000 in penalties and interest after failing to file foreign bank account reports over four years, the agency told a U.S. federal court.