Posts Tagged ‘offshore tax evasion’
Tuesday, April 14th, 2009
Internal documents reveal IRS has made offshore tax evasion its highest-priority target; investigators will focus on unreported income
By Michael Rozbruch
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The memo sent to examination staff of the Internal Revenue Service was clear.
Investigators should make sure offshore tax cases “receive priority treatment.”
Indeed, internal documents released by the tax-collecting agency, coupled with public comments from IRS Commissioner Doug Shulman, leave little doubt the government will focus the brunt of its enforcement efforts
Tags: aggressive tax enforcement, amnesty to taxpayers hiding money overseas, doug shulman, evade income taxes, Free Tax Consultation, free tax relief consultation, hiding income, offshore bank accounts, offshore tax cases, offshore tax evasion, Swiss banks, tax cheats, tax evasion, UBS, unreported income
Posted in IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Working with the IRS | 3 Comments »
Monday, March 30th, 2009
In a blow to tax cheats, Switzerland’s largest bank agrees to divulge the names of those suspect of using offshore accounts to evade U.S. taxes
By Michael Rozbruch
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In the world of tax cheats, the news doesn’t get much bigger.
UBS, the largest bank in Switzerland, agreed to provide to the U.S. government with the names of those it suspects of using its accounts to evade paying taxes in the United States. The
Tags: doug shulman, Free Tax Consultation, John DiCicco, offshore accounts, offshore tax evasion, Swiss bank accounts, Swiss banking, tax cheats, tax evasion, tax problems, UBS
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »
Friday, March 27th, 2009
The IRS announced new voluntary disclosure practices for offshore account holders. Voluntary disclosure can help taxpayers avoid prosecution for possible tax evasion and reduce taxes, penalties, and interest owed. The IRS offers leniency for voluntary disclosure and Americans with IRS tax problems should take advantage of this policy to mitigate legal problems later.
While taxpayers can participate in the voluntary disclosure program before the IRS has initiated a civil or criminal
Tags: avoid IRS penalties, Douglas Shulman, Michael Rozbruch, offshore accounts, offshore tax evasion, reduce IRS penalties, tax evasion, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, tax shelter, Voluntary Disclosure
Posted in Tax news and tips, Voluntary Disclosure | 2 Comments »
Tuesday, November 25th, 2008
The IRS has is reportedly going after the relatives of Holocaust survivors and refugees who hid money in Switzerland before World War II broke out.
Reports out of Zurich indicate the Swiss government has agreed to give the IRS information about some overseas accounts for people trying to avoid U.S. banking laws. The development stems from a U.S. Justice Department investigation of UBS’ alleged courting of wealthy Americans for such
Tags: offshore tax evasion, tax evasion, tax expert, vountary disclosure
Posted in Tax news and tips, Voluntary Disclosure | No Comments »