Court Authorizes IRS to Issue Summonses for Records Relating to U.S. Taxpayers with Offshore Bank Accounts

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A number of U.S. taxpayers with beneficial ownership and control…

HSBC Clients With Asian Accounts Said to Face U.S. Tax Probe

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The Justice Department is conducting a criminal investigation…

IRS Announces New Initiative To Target Unreported Indian Accounts In Northern California

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Late last year at a California Bar conference, an IRS official…

Credit Suisse Helped Wealthy Americans Cheat The IRS

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A Senate Report just issued states that Swiss banking giant Credit…

Ten Reasons Against Continued Non-Disclosure Of Your Foreign Income And Foreign Accounts.

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As an incentive to drive taxpayers into the Offshore VoluntaryDisclosure…

Is “Present Tax Year Only Disclosure” your answer to IRS Voluntary Disclosure?

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We handle a lot of inquiries from taxpayers trying to figure…

Final FATCA rules are issued – Deadline Is July 1, 2014 For Foreign Banks To Disclose U.S Account Holders To IRS

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Last week the IRS released a large package of regulations needed…

Your Foreign Bank Is Disclosing You To The IRS

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The IRS has various ways to find out about international or overseas…

How Does the IRS Find Out About Foreign Bank Accounts?

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The IRS has various ways to find out about international or overseas…

Deceased Mother’s Undisclosed Foreign Bank Accounts- What to Do?

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Question: My mother just passed away and I inherited $5 million…

IRS Insists – No More FATCA Implementation Delays

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U.S. tax authorities and foreign governments are on track to…