The case of United States v. Colliot (2018) involves Dominique G. Colliot, a U.S. taxpayer who failed to file the required FBARs for his foreign bank accounts. The Internal Revenue Service (IRS) assessed penalties against Colliot for both non-willful and willful FBAR violations. Colliot contested ...
Compliance
All active non-exempt domestic corporations incorporated in Delaware are required to file an annual franchise tax report and pay franchise tax electronically with the Secretary of State on or before March 1st1. The franchise tax is separate from state income tax and is not tax imposed on a ...