January 22, 2015Prosecutors announced Jan. 20 that a Connecticut business executive has pleaded guilty to willfully failing to report offshore bank accounts…
October 16, 2014About The Offshore Voluntary Disclosure Program (OVDP) US citizens and residents are required to report foreign accounts and assets by filing…
August 8, 2014Secret Foreign Bank Accounts Secret foreign bank accounts have been at the center of money laundering. This is especially with…
July 30, 2014Failure to file FBARs as a Signatory Authority Failure to file FBARs as a Signatory Authority to a foreign bank…
June 24, 2014IRS modifications to OVDP and streamlined procedures The Offshore Voluntary Compliance Program Internal Revenue Service's major revisions in its Offshore…
June 18, 2014FBAR Case: United States vs. Carl Zwerner is settled for $1.8 Million The United States v Carl Zwerner FBAR case…
June 6, 2014OVDP changes to accommodate non-willful tax evasion The OVDP (Offshore Voluntary Disclosure Program) may face more modifications as IRS continues…
June 4, 2014IRS Expectations of U.S. Citizens and Resident Aliens Abroad IRS (Internal Revenue Service) in one of its news releases has…- March 23, 2014Tax Evasion under QI agreements On Feb. 28 2014, Thomas Sawyer, senior counsel on international tax matters with the DOJ’s…
- March 23, 2014Tax Evasion and Profits US-based companies added $206 billion to their offshore profits last year, shielding earnings in low-tax countries.…
