Get Tax Help with Your Offshore Bank Account as IRS Pierces Veil of Bank Secrecy, Settling with 14,700 Foreign Accounts
Tuesday, November 24th, 2009We’ve been hearing a lot of stories about how the IRS is dealing with the abundant influx of voluntary disclosures from Americans who had hid their money overseas in Swiss banks such as UBS. The LA Times recently reported that the IRS is settling with over 14,700 overseas foreign account cases.
According to the LA Times, “To put it simply, this is a historic milestone for the nation’s hardworking taxpayers.”
While many
