Due Diligence
Posts Tagged American tax lawyer
Tax Evasion vs Tax Fraud? An Important Question For Holders Of Unreported Swiss Accounts
by Brian Mahany Tax evasion? Tax Fraud? Are we just talking semantics? The answers to those questions is important for holders of unreported Swiss bank accounts. The U.S. Bank Secrecy Act makes it a felony to have an unreported foreign account. The definition of “account” these days is pretty broad and includes not only checking [...]
American tax lawyer, California FBAR lawyer, FATCA, FATCA lawyer, FBAR, FBAR lawyer, Foreign Bank and Financial Accounts, foreign reporting, IRS lawyer, Michigan tax attorney, Milwaukee tax attorney, offshore reporting, offshore tax lawyer, offshore voluntary disclosure, OVDI, Swiss account, Swiss account amnesty, Swiss bank tax evasion, tax evasion, tax evasion lawyer, UBS tax evasion, unreported foreign account, unreported income, unreported Swiss account, US FBAR lawyer, Wegelin account, Wisconsin FBAR lawyer
More Bad News For Those With Unreported Foreign Accounts (FBARs)
by Brian Mahany Most of the court cases and appeals decisions coming from the IRS have not been good news for taxpayers. Two cases regarding FBAR penalties for unreported foreign financial accounts are no exception. Failing to report offshore financial accounts (that includes bank accounts, CD’s, brokerage accounts and even some foreign insurance products with [...]
American tax lawyer, California tax attorney, FBAR, FBAR amnesty, FBAR form, FBAR lawyer, FBAR penalties, Foreign Bank and Financial Accounts, foreign banking, foreign reporting, IRS lawyer, Maine tax lawyer, Michigan tax attorney, Minneapolis tax attorney, offshore accounts, offshore reporting, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP, OVDP attorney, tax amnesty, tax evasion, unreported income, Wisconsin tax attorney
Unreported Offshore Account? You Are Going to Get Caught!
by Brian Mahany I would be a rich man if I had a nickel for every time a potential client with unreported foreign bank accounts asked me if I thought they would be caught. Back in 2008, my answer might have been different. Not today. While not everyone may get caught – a few people [...]
American tax lawyer, California tax lawyer, Credit Suisse tax evasion, FATCA, FATCA lawyer, FBAR lawyer, Foreign Account Tax Compliance Act, Foreign Bank and Financial Accounts, foreign income, foreign reporting, Maine tax lawyer, Michigan tax lawyer, offshore banking, offshore compliance, offshore reporting, offshore voluntary disclosure, opt out, OVDI, OVDI lawyer, OVDP, OVDP lawyer, quiet disclosure, Swiss accounts, tax compliance, U.S. tax attorney, UBS tax evasion, unreported foreign account, unreported foreign accounts, unreported income, unreported Swiss bank, voluntary disclosure, Wisconsin tax attorney
Barbados Close To FATCA Disclosure Agreement With US
by Brian Mahany Never a week goes by without more countries signing tax exchange agreements. Recently, many of those countries have been signing agreements with the United States Treasury. In 2014, foreign banks are required to disclose the identities of Americans with foreign accounts. While some countries have publicly rallied against the new regulations, they [...]
American tax lawyer, Detroit tax attorney, FATCA, FATCA lawyer, FBAR, FBAR lawyer, FFI, FIRPTA lawyer, Foreign Account Tax Compliance Act, Foreign Bank and Financial Accounts, foreign financial assets, foreign financial institutions, Foreign Investment in Real Estate, IRS lawyer, Miane tax lawyer, Minnesota tax lawyer, offshore reporting, offshore tax compliance, offshore tax reporting, offshore voluntary disclosure, OVDI, OVDP, U.S. tax attorney, unreported accounts, Wisconsin tax attorney
Isle of Man, Jersey & Guernsey To Sign FATCA Accord With the IRS
by Brian Mahany The crown dependencies of Jersey, Guernsey and Isle of Man are working to shed their reputation as tax havens catering to those who seek to evade tax. All three island states have recently agreed to sign agreements with the United States Treasury in anticipation of the upcoming implementation of FATCA, short for [...]
American tax lawyer, California tax attorney, FATCA, FATCA lawyer, FBAR, FBAR lawyer, FBAR penalties, Foreign Account Tax Compliance Act, Foreign Bank and Financial Accounts, Guernsey account, Guernsey banking, IRS attorney, Isle of Man account, Jersey account, Jersey banking, Maine tax lawyer, Michigan tax lawyer, offshore banking, offshore reporting, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP lawyer, tax amnesty lawyer, tax attorney, unreported foreign account, unreported income, voluntary disclosure, Wisconsin tax attorney
FATCA, Foreign Reporting and W8 Forms – PART I
by Brian Mahany While most of our blog posts are written to be entertaining, its tough to find any humor in FATCA. If you don’t already know what an IRS Form W8 is then there is no need to read any further. (FATCA stands for the Foreign Account Tax Compliance Act, a W8-BEN is a [...]
American tax lawyer, FATCA, FATCA compliance, FATCA lawyer, Foreign Account Tax Compliance Act, foreign hedge fund, foreign reporting, hedge fund tax lawyer, IRS attorney, IRS compliance, Michigan tax attorney, offshore reporting, U.S. tax attorney, W8 lawyer, Wisconsin tax lawyer
So You Want Your Very Own Offshore Company?
by Brian Mahany A group of journalists at WNBC in New York City decided to see how hard it would be to create their own offshore shell company. The answer is a few minutes on the phone and $1000. Their story can be found here. What we find fascinating is the misinformation provided by some [...]
American tax lawyer, California tax attorney, FATCA, FATCA lawyer, FBAR, FBAR attorney, Foreign Account Tax Compliance Act, foreign bank, hiding income, IRS attorney, Maine tax lawyer, Michigan OVDP lawyer, Minnesota tax attorney, offshore accounts, offshore voluntary disclosure, opt out, OVDI, OVDI lawyer, OVDP, OVDP lawyer, tax amnesty, tax lawyer, tax shelters, unreported foreign accounts, US FBAR lawyer, Wisconsin OVDI lawyer
Subscribe to our Blog
Blogroll
- Acrimoney
- Aegis Journal
- Arts Law For Everyone
- Asset Protection Blog (Jeff Andrews Esq.)
- ataxingmatter
- Consequences
- Daniel Stoica Accounting Professional
- Dinesen Tax Times
- Federal Tax Crimes
- Guerilla Law Firm Blog
- Guiliano Law Firm: Security Arbitration
- Internal Investigations
- JR DEPUTY ACCOUNTANT
- Mahany Law Blog
- Massachusetts Law Blog
- MauledAgain
- Milwaukee Business Lawyer
- Missouri Taxguy
- Our Taxing Times
- Popehat – A Group Complaint about Law
- RESPA Lawyer Blog (Marx Sterbcow Esq.)
- Roth & Company Tax Blog
- South Carolina Foreclosure Blog
- Tax Controversy Update
- Tax Lawyers Blog
- Tax Update Blog
- Tax Updates for Non Profits by Steve Hoffman
- The Legal Beat
- Wall Street Law Blog
- Wandering Tax Pro
- Wisconsin Lawyers Blog
Recent Comments