Americans with Israeli Bank Accounts- Under Heightened Scrutiny in 2014
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Americans with Israeli bank or other financial accounts could…
“Quiet Disclosure” of Foreign Accounts- Not So Quiet As It Seems
There are strong indications that going forward, the IRS will…
Swiss Banks Rush to Meet U.S. Disclosure Deadline – Urge Their American Account Holders to Come Forward with Disclosure to the IRS
The Swiss government has been urging about 300 Swiss banks to…
What to do if you failed to declare your closed foreign bank account that was open within the last six years?
Even though you may have closed your foreign accounts years ago,…
Disclosing Foreign Bank Accounts Through the OVDI Program
A taxpayer who has not disclosed foreign bank accounts to the…
Disclosing Foreign Accounts Through the Offshore Voluntary Disclosure Initiative
IRS has established programs for taxpayers to voluntarily come…
IRS Processing Information Reported by Foreign Banks of their U.S. Accountholders
The Department of Justice started pressuring Swiss Banks including…
IRS Enforcement Action to Combat Offshore Tax Evasion
In his closing remarks, IRS Commissioner Doug Shulman affirmed…

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