Tag Archives: penalties

IRS Penalties for For Not Disclosing Offshore Assets or Income (2018)

IRS Penalties for For Not Disclosing Offshore Assets or Income (2018) IRS Penalties for For Not Disclosing Offshore Assets or Income (2018) by Golding & Golding In the last 5 to 10 years, Internal Revenue Service and U.S. Government in … Continue reading

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ECSDA publishes draft of Settlement Fail Penalties Framework

The European Central Securities Depositories Association (ECSDA) has published a draft of its future Settlement Fail Penalties Framework (the Framework). In an effort of compliance with the Central Securities Depositories Regulation 909/2014 (CSDR) (particularly with regards to articles 6 & … Continue reading

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PPAT Notice-Proposed Changes to the ICF/IID Administrative Penalties Rules

HHSC published the proposed changes mandated by House Bill (H.B.) 2025 to the ICF/IID rules which calls for changes to rules governing administrative penalties, license terms and related policies in various programs including the ICF/IID program, DAHS, ALFs, NFs and Pediatric … Continue reading

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New DOJ Policy Purports to Prevent Piling-On of Penalties

By Anne K. Walsh & Rachael E. Hunt — Rather than rolling out the red carpet, DOJ has been highlighting with little fanfare a policy that could prove to be a powerful negotiating tool for companies in the government’s crosshairs. … Continue reading

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Taxpayers Could Not Rely on IRS Correspondence Waiving Penalties

In a recent U.S. District Court decision, the taxpayers were audited, and ultimately received a letter from the auditing agent that “the penalties had been waived.” The taxpayers signed a Form 4549 document which did not assess penalties.Subsequently, the IRS … Continue reading

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