We provide offshore tax evasion defense for clients who have been targeted by the IRS. And I’ve heard on many occasions that it’s difficult to find reliable offshore tax resolution information on the Internet. So we’ve added a new tax help resource devoted to IRS offshore tax settlements to to further help people with overseas accounts by educating them on their options for tax relief.

Each year, the government racks up billions of uncollected tax revenues from offshore accounts held by Americans. Since the latest UBS deal, the IRS has buckled down to find and penalize an unprecedented number of offshore tax evaders and is still going strong to investigate additional offshore “tax havens.”

Recent events prove that the IRS is more determined than ever to investigate high-net-worth individuals - both at home and overseas - so really, no one is safe from the wrath of the IRS. The latest headlines of harsh IRS crackdowns and expensive IRS tax penalties has sent a message to the rest of us: the IRS will not tolerate offshore tax evasion.

The good news is: for those of you who missed the October 15th filing deadline for tax amnesty, there is still hope for an IRS offshore tax settlement if you seek professional tax help now from a tax attorney, CPA, or certified tax resolution specialist.

It’s important for taxpayers to know that Report of Foreign Bank and Financial Accounts (FBAR) penalties can amount to as much as 200-300% of the asset value of the account. So if you have an unreported overseas bank account, you really need to get expert tax help as soon as possible to seek penalty abatement to reduce the impact of financial penalties and criminal implications.

Due to the severity of the financial penalties and criminal implications, it is not in your best interest to wait for the IRS to approach you. If you believe that you owe back taxes on your foreign accounts, you need to retain either a tax attorney, tax resolution specialist or CPA who will take over all communications with the IRS, make the required disclosures, file FBAR reports and amend tax returns typically for 2003 through 2008. Don’t wait for IRS to come after you - get tax help for resolving your IRS problems before it’s too late.

TRS is a team of expert tax attorneys, CPAs, and certified tax resolution specialists. Call TRS today at 1-866-477-7762 today for a free consultation!

More Tax Help, IRS News and Tax Relief Tips:

1. Tax Help For Offshore Account Holders as Swiss Government Seeks to Salvage UBS Agreement
2. IRS Tax Help From Tax Expert: What Individuals and Businesses Need to Know to Avoid Tax Problems
3. Retire Your IRS Back Taxes Forever: How Tax Resolution Services Helped Save a Taxpayer $130,000
4. Tax Help Options For Overseas Tax Evasion as UBS Pushes For Swiss-US Deal
5. Don’t Settle for a Busy Signal if You Need Tax Help: IRS Can Only Service 70% of Taxpayer Phone Calls

Tags: Back Taxes, FBAR, IRS amnesty, IRS offshore tax settlements, offshore bank accounts, Penalty Abatement, tax advice, tax attorney, tax help

This entry was posted on Tuesday, November 17th, 2009 at 2:08 pm and is filed under Back Taxes, IRS help, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Relief News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.