IRS Offshore Tax Evasion Defense Can Benefit Taxpayers of All Income Brackets as Uncle Sam Slams Down on Foreign Bank Account Tax Cheats
Wednesday, December 2nd, 2009Before the UBS deal of 2009 that sent overseas account holders scrambling to submit their voluntary disclosures before October 15th’s amnesty deadline, many people believed a number of IRS myths: that Swiss Bank Accounts are a “tax fortress” impenetrable by the IRS or that the IRS only cared about the “bigger fish.” However, as we have seen in the past couple of months, this is clearly not the case anymore.
