Supreme Court to give relief to foreign account reporting

The Supreme Court has released a favorable opinion for farmers who maintain foreign bank accounts, providing relief for a potential reporting penalty.

Farm CPA, Paul Neiffer spoke with RFD-TV’s own Janet Adkison on some of the details, how it applies to farmers, and how costly the penalties can be.

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Roger McEowen and Paul Neiffer, two of RFD-TV’s top agribusiness and tax experts are taking the show on the road with two summer seminars in the works.