Don't get an "F" on FBAR
Brown Advisory
JANUARY 20, 2023
As such, even the most ethical taxpayers may feel anxiety about these reports, since they may end up being punished despite the best intentions. Some recent, high-profiles examples include: In 2013, the billionaire creator of Beanie Babies pled guilty to tax evasion and faced FBAR fines of roughly $53 million.
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