daniel Downey for forbes The penalty for fairly innocent goofs can run into the millions of dollars. Is there any limit to how unpleasant the IRS can be with people who pay all their taxes but don’t f...
Tag: Excessive Fines
Grandmother Urges Supreme Court To Stop The IRS From Confiscating Bank Accounts
After the IRS demanded half of her bank account for failing to file a one-page form, an 82-year-old grandmother is calling on the U.S. Supreme Court to reject that penalty as an unconstitutionally exc...
Ohio Supreme Court Upholds Confiscating Man’s Entire Net Worth Over A Misdemeanor
An Ohio man who lost his entire fortune when police forfeited his car did not have his Eighth Amendment rights violated, the Ohio Supreme Court ruled earlier this month. The decision, issued by a fier...