Posts Tagged ‘overseas tax evasion’

Tax Help News: Taxpayers Need to Stay Vigilant Even as IRS Withraws Case Against UBS

Saturday, November 27th, 2010

Earlier this year, there was a lot of heat over the UBS-IRS deal where thousands of taxpayers’ names were handed over to Uncle Sam for undisclosed overseas bank accounts. While the worst of the storm may have passed for now, it is imprudent for taxpayers with overseas bank accounts to let down their guards.
Last Tuesday, the IRS announced that it has dropped its case against UBS after the Swiss banking
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Tax Help Options For Overseas Tax Evasion as UBS Pushes For Swiss-US Deal

Monday, March 15th, 2010

Taxpayers with foreign funds may have felt the heat back last summer when UBS struck a deal with the US government to release some 4,500 names of American bank account holders to the IRS. That frenzy may seem far back in the past now but this wave of aggressive tax evasion crackdown is nowhere near over.
Recently, Wall Street Journal reported that UBS is increasing its lobbying efforts for the Swiss government
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