Making Sense of the FBAR Penalty Mitigation Guidelines: Four Easy Steps For Knocking The FBAR Calculation Out of the Park
This blog is intended for the taxpayer who plans on making a “quiet disclosure” of his unreported foreign financial assets and finds it necessary to estimate his FBAR liability in case of a doomsday scenario. By “doomsday scenario,” I’m referring to a situation where the IRS selects one or more years for examination, culminating in […]