Norman v. US
Case Number:
18-2408
Court:
Nature of Suit:
-
November 08, 2019
Fed. Circ. Backs Teacher's $800K FBAR Penalty, Rejects Cap
The Federal Circuit on Friday upheld $803,000 in penalties on a schoolteacher who did not report her Swiss bank account to the IRS, saying a cap on penalties for willfully failing to disclose foreign bank accounts had been raised by Congress.
-
April 09, 2019
Offshore Reporting Penalties Are Too High, Fed. Circ. Told
A New York teacher has asked the Federal Circuit to reduce civil penalties lodged by the Internal Revenue Service over her undisclosed offshore bank account, arguing that the agency lacked the authority to seek the amount it levied against her.