Why Taxpayers in Louisiana, Texas, and Mississippi Should Consider the IRS’s Streamlined Compliance Procedure Program Now

Claud Mccoid

On November 30, 2021, the United States Court of Appeals for the Fifth Circuit issued its viewpoint in U.S. v. Bittner. Contrary to decisions of other federal courts, the Fifth Circuit concluded that it was suitable for the IRS to impose non-willful FBAR penalties against the taxpayer, Mr. Bittner, on a per-account, alternatively than a per-yr, basis. The Fifth Circuit even further concluded that Mr. Bittner had failed to set up affordable induce for abatement of the penalties….
By: Freeman Legislation

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FTC Policy Statement Outlines Criminal Antitrust Enforcement Efforts, Reinforces Interagency Priorities

On November 18, 2021, the Federal Trade Commission (FTC) voted 4- to adopt a new coverage assertion outlining the commission’s options to increase its criminal referral plan in an work to avert and discourage company crime stemming from buyer defense and felony antitrust misconduct. The statement reaffirms the FTC’s determination […]