On July 7, 2022, Ian Weinstock teaches a course entitled, “FBARs and Entities – Who Must File?” for the CPA Academy. Course Description: While it is generally clear-cut whether or not an individually owned foreign account needs to be reported on an FBAR, it is less obvious when a foreign
On June 21, 2022, the U.S. Supreme Court agreed to hear a major case regarding IRS penalties relating to Reports of Foreign Bank and Financial Accounts (FBARs). Kostelanetz & Fink represents the American College of Tax Counsel (the “College”), which filed an amicus brief in Alexandru Bittner v. United States
By Sidney Kess and Steven I. Hurok The CPA Journal September 2019 On July 1, 2019, President Trump signed into law the Taxpayer First Act of 2019 (TFA), enacting changes to the IRS’s organizational structure, customer service, enforcement procedures, management of information technology, and use of electronic systems, with a focus
