Eversheds Sutherland Legal Insights (audio)

Civil and criminal enforcement of Foreign Bank and Financial Accounts (FBAR) violations are on the rise. This Bottom Line videocast discusses the changes to the rules impacting FBAR filing obligations and the impact of the changes on potential penalties, including:  The IRS Offshore Voluntary Disclosure Program, which is ending September 28, 2018 What companies should do now if they discover that their filing obligations are not compliant What civil and criminal enforcement efforts are underway where FBARs were not filed and how you should prepare