It&#x27;s not the tax failure -- it&#x27;s the failure to report bank accounts to the US Treasury. Here&#x27;s an article about it: <a href="http:&#x2F;&#x2F;money.cnn.com&#x2F;2015&#x2F;04&#x2F;01&#x2F;pf&#x2F;taxes&#x2F;irs-penalties&#x2F;" rel="nofollow">http:&#x2F;&#x2F;money.cnn.com&#x2F;2015&#x2F;04&#x2F;01&#x2F;pf&#x2F;taxes&#x2F;irs-penalties&#x2F;</a>