The Freeman Law Project – Episode 15 – FBAR Penalties and United States v. Bittner

The Freeman Law Project

Jason B. Freeman and Matthew Roberts of Freeman Law, PLLC discuss the recent FBAR penalty case of United States v. Bittner, a recent decision from the district court for the Eastern District of Texas. The Bittner case involves non-willful FBAR penalty assessments - a penalty imposed under the Bank Secrecy Act for failing to report foreign bank accounts on a FBAR form (FinCEN 114). Jason and Matt discuss the history of the FBAR reporting requirement and break down the issues presented in the case, as well as the court's analysis.