A new state website lets California residents fill out a few forms to keep their personal data from being tracked or sold by ...

Learn what SEC Form F-1 is, its necessary criteria for foreign companies on U.S. exchanges, and explore detailed real-world filing examples for practical insight.

It’s not just multinational corporations looking to shelter cash. Individuals are stashing anywhere from $8.7 trillion to $36 ...

The US government has implemented multiple measures to curb tax evasion and ensure proper reporting of overseas assets. Two key regulations central to these efforts are the Foreign Bank and Financial ...

A district court held that an individual who argued that the reporting requirements of FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR) violated several of the Bill of Rights ...

The Bank Secrecy Act (BSA) requires US persons with a financial interest in or signature authority over non-US financial accounts to file an annual report commonly referred to as the “FBAR”. The Ninth ...

Do you file the FBAR? A few weeks ago, the United States Supreme Court handed down an important judgment… It didn’t make many headlines… You won’t have seen it on the front page of most newspapers… ...

The Supreme Court decision in Bittner v. U.S. finally dispelled the confusion among practitioners and taxpayers regarding penalties associated with the Bank Secrecy Act's penalties. Processing Content ...

On Feb. 28, 2023, the U.S. Supreme Court issued its opinion in Bittner v. United States, which focused on the correct penalty amount for non-willful violations of the foreign bank and financial ...

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