UNITED STATES OF AMERICA v. KHAN et al
Case Number:
1:21-cv-17509
Court:
Nature of Suit:
Judge:
Firms
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July 14, 2023
NJ Couple, US Gov't Settle $500K FBAR Penalty Dispute
A New Jersey couple have reached a settlement with the U.S. government in its case claiming they owed nearly $500,000 in penalties for failing to report their foreign bank accounts to the Internal Revenue Service, according to a New Jersey federal court.
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September 27, 2021
New Jersey Couple Owe $500K In FBAR Penalties, US Says
A married couple in New Jersey owe nearly $500,000 in penalties and fees for nonwillful failures to report their foreign bank account holdings to the Internal Revenue Service, the government alleged in a lawsuit.