June 30, 2014 FBAR Deadline Creeping Up On Taxpayers: No Extensions Available

June is a busy month for taxpayers and tax pros alike. Nestled…

Just How Serious Is IRS Asserting FBAR Penalties?

The IRS has authority to assert FBAR civil penalties.  Before…

IRS To Announce New Initiative For U.S. Expats Not Willfully Evading Taxes.

With more than six million U.S. citizens living abroad, the IRS…

Don’t Miss The FBAR June 30, 2014 Filing Deadline

Despite the Department of the Treasury's Financial Crimes Enforcement…

OVDI – Are You In Or Out?

A taxpayer who has not disclosed foreign bank accounts to the…

OVDI Myths

U.S. taxpayers with previously undisclosed interests in foreign…

Avoiding OVDI – Pitfalls Of Other Forms Of Disclosures

A taxpayer who has not disclosed foreign bank accounts to the…

U.S. Hammers Credit Suisse – Bank Pleads Guilty in Criminal Tax Case

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Credit Suisse Agrees to Pay $2.6 Billion to Settle Probe by U.S.…

It’s A Small World After All – Number Of FATCA Compliant Countries Continues To Grow

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Under the Foreign Account Tax Compliance Act (“FATCA”), foreign…

Israel Becomes The 28th Country To Sign FATCA Accord

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Under the Foreign Account Tax Compliance Act (“FATCA”), foreign…