Title 31 of the U.S. Code allows the IRS to impose civil penalties for a U.S. person’s failure to file a timely and proper FBAR by the statutory deadline. However, the IRS doesn’t have forever to make ...

What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

You cannot sue someone for doing something wrong to you decades ago. It’s not because the grudges aren’t real but because of a legal concept called the statute of limitations. Similarly, someone ...

Gary Rosenberg and Ethan Cohen discuss recent updates by the Court of Appeals to the application of the “fraud exception” to the statute of limitations and four-year lookback rule for rent overcharge ...