The US Supreme Court has announced that it will adjudicate a conflict between federal appellate courts about how to compute the non-willful penalty for a taxpayer failing to file form 114 from the Financial Crimes Enforcement Network (FinCEN) of the US Treasury. This form is known as the Report of Foreign Bank and Financial Accounts… Read More US Supreme Court to rule on conflict relating to how to prevent US persons with overseas accounts from circumventing US law