Supreme Court To Rule On IRS Penalty For Non-Willful Failure To Report Foreign Accounts
3D illustration of two rubber stamps with the words penalties and interest over white background. … [+] Unpaid income tax concept. getty If you failed to report a foreign bank account but were not willful, which is a reasonable IRS penalty, $50,000 or $2.72M? The Supreme Court has announced that it will decide, considering the … Read more