Supreme Court weighs foreign account fines

The Supreme Court on Wednesday heard arguments in a Romania-born U.S. citizen’s challenge of a more than $2 million IRS fine for not reporting his foreign accounts in a timely manner — a case that could impact individuals’ tax burden if the Biden administration fulfills its plan to beef up the agency.

Advertisements

Read More

Previous post Spotify broadens war on Apple over audiobook purchases
Next post Republicans make push to capture governor's seats in unlikely places