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Supreme Court Won’t Stop $2 Million IRS Penalty Against Grandmother Whose Family Fled Nazis

The Supreme Court turned away an appeal on Jan. 23 over a $2.1 million penalty the IRS assessed against a grandmother whose family fled Nazi persecution, for failing to report a foreign bank account.
The decision came as the U.S. House of Representatives, now controlled by Republicans, voted earlier this month to repeal a congressional provision allotting almost $80 billion to the IRS over the coming 10 years for increased enforcement.
Democrats say the IRS has long been underfunded, but Republicans say the extra money will be used to harass taxpayers.
Only 4 percent of the additional funding will be devoted to improving taxpayer service while 58 percent will go to upping enforcement, the New York Post reported in August 2022….

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