Posts Tagged ‘hiding offshore income’

Investment Adviser Indicted for Aiding Taxpayers for Unclaimed Off-shore Accounts

Thursday, August 4th, 2011

Investment adviser and former USB AG banker was indicted for helping wealthy Americans hide unclaimed money from the IRS in offshore accounts. The USB AG bank, not included in the indictment, is a Swiss global financial services company headquartered in Basel and Zürich, Switzerland. Martin Lack, a Swiss resident, is accused of assisting 9 U.S. clients in transferring monies to undeclared foreign accounts. In an article by David Voreacos of
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Tags: certified tax resolution specialist, hiding money offshore, hiding offshore income, irs tax fraud, Offshore Banking, offshore tax evasion, tax attorney, tax problems, tax professional, voluntary offshore compliance initiative
Posted in Offshore Tax Settlements, Seeking Professional Tax Help, Tax Evasion Advice, Tax Problem FAQs, Tax news and tips, tax help | 1 Comment »

Report Your Offshore Bank Accounts to the IRS – Let TRS Help!

Friday, July 22nd, 2011

Do you have an offshore bank account? Does the IRS know about it?
Well… if they don’t now, they will. And when the IRS finds out about your offshore bank account, you can expect some serious reprecussions.
Why?
Because having offshore accounts and not filling out the proper paperwork, or not doing it correctly, is a serious crime and the IRS is cracking down on offshore tax evasion.
Tax Resolution Services recently wrote an
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Tags: hiding offshore income, offshore accounts, Offshore Banking, offshore tax cases, offshore tax evasion
Posted in Offshore Tax Settlements | 1 Comment »

Offshore Tax Evasion Crackdown

Wednesday, May 25th, 2011

Not reporting offshore bank accounts is no laughing tax matter. Bloomberg posted a report this week – Offshore Tax Crackdown Scorecard where well-known companies like UBS, Credit Suisse, and HSBC got the offshore tax evasion smackdown.
Brian Compton, President of Tax Resolution Services and I have been touting the necessity for FBAR and Offshore Account Disclosure for a LOOOONG time.
Seeing national news coverage is certainly shedding more light on this issue,
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Tags: hiding offshore income, offshore accounts, Offshore Banking, offshore tax evasion, offshore tax evasion charges, offshore tax evasion defense
Posted in Offshore Tax Settlements | No Comments »

2009 Dirty Dozen: IRS List of Most Common Scams to Avoid Paying Income Taxes that Land Victims in a World of Tax Trouble

Tuesday, April 14th, 2009

According to the IRS annual Dirty Dozen list of most common tax schemes, phishing “expeditions” are on the rise this year along with frivolous tax arguments. I even got a phishy email the other day. These scam email look real too.. on IRS simulated letterhead complete with the logo and all.
It’s no surprise that these tax scams are being peddled to Americans in full force - as IRS enforcement is
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Tags: dirty dozen, economic stimuls payment, frivolous argument, frivolous tax argument, fuel tax credit, hiding offshore income, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, phishing, tax attorney, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, Tax Scams, zero wages
Posted in Tax news and tips | 4 Comments »