Posts Tagged ‘Offshore Banking’

Following Obama’s Orders, IRS Begins War on Tax Cheats

Sunday, July 26th, 2009

In a high-profile Tax Day press conference, President Obama announced an even more aggressive war on tax cheats. Now, the IRS is planning the assault.
By Michael Rozbruch
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It was only a couple of months ago that President Barack Obama, still freshly inaugurated, stood in the White House and announced his plan to go after — and go after aggressively — tax cheats, no matter where they hide their money.
His plan focused
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Tags: Barack Obama, doug shulman, IRS problem solvers, irs problems, IRS Times and Inquirer, Michael Rozbruch, obama and tax cheats, obama's war on tax cheats, Offshore Banking, overseas tax shelters, Swiss banks, tax enforcement, tax evasion, tax fraud, tax havens, tax resolution, tax resolution services, tax shelters, tax specialist
Posted in IRS Tax Cases, IRS Times and Inquirer | 3 Comments »

IRS Wants to Know About Your Offshore Account

Friday, July 25th, 2008

Tax-collecting agency is questioning how many Americans have offshore accounts and how they’re being used
By Michael Rozbruch
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Have a bank account overseas?
Be sure to tell the IRS about it.
The U.S. tax-collecting agency asked Americans with overseas accounts to report them by June 30. If you haven’t done so, you could be in trouble.
Owing to globalization, more people in the United States have foreign financial accounts. There is nothing improper about setting
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Tags: Foreign Bank and Financial Accounts (FBAR), Offshore Banking, Overseas Banking
Posted in Tax Problem FAQs | 1 Comment »