Due Diligence
Posts Tagged offshore tax amnesty
Unreported Account in Singapore? Time Running Out – FBAR Post
There are tens of thousands of Americans with offshore accounts, many of them in Singapore. As the 4th largest banking center, Singapore has become a popular tax haven for people trying to hide money from the government. That is about to change. If you have a bank or other financial account there and haven’t been [...]
California FBAR lawyer, criminal FBAR penalties, do I need to file an FBAR, FATCA, FATCA attorney, FATCA lawyer, FBAR, FBAR amnesty, FBAR attorney, FBAR compliance, FBAR form, FBAR lawyer, FBAR penalties, FBAR penalty, Foreign Bank and Financial Accounts, how do I file an FBAR, IRS lawyer, Maine tax attorney, Massachusetts FBAR lawyer, Michigan FBAR lawyer, Milwaukee tax attorney, Minneapolis tax attorney, Minnesota FBAR lawyer, missing FBAR, offshore Singapore accounts, offshore tax amnesty, offshore voluntary disclosure, OVDI, OVDP, San Francisco FBAR lawyer, Singapore banks, Singapore FATCA, Singapore tax evasion, tax amnesty, tax evasion, tax evasion lawyer, TD F 90-22.1, unfiled FBARs, unreported account, unreported income, unreported offshore accounts, US FBAR lawyer, Wisconsin FBAR attorney, Wisconsin tax attorney
Worried About OVDI / OVDP Penalties? Don’t! Payment Options Are Available
by Brian Mahany We frequently encounter absolute shock when we tell prospective clients about the potential penalties for an unreported foreign account. Miss filing an FBAR (that’s Treasury jargon for the Report of Foreign Bank and Financial Account also known as a TD F 90-22.1 form) for just 1 year and the penalty can be [...]
Massachusetts FBAR lawyer, Massachusetts tax lawyer, Michigan OVDI lawyer, offshore banking, offshore tax amnesty, offshore voluntary disclosure initiative, OVDI, OVDI amnesty, OVDI attorney, OVDI IRS, OVDI lawyer, OVDI penalties, OVDI program, OVDP, OVDP attorney, San Francisco FBAR lawyer, San Francisco IRS lawyer, unreported foreign assets, unreported foreign bank account, unreported income
Thumb Drives And Keeping Secrets – FBAR Post
by Brian Mahany Recently we posted a story on LinkedIn on how the IRS stumbled across a Swiss accountant’s client list. That list resulted in the accountant’s indictment as well as several of his U.S. clients. All are charged with tax evasion or failing to report foreign bank accounts. With today’s modern technology, it is [...]
California FBAR lawyer, do I need to file an FBAR, FATCA, FATCA lawyer, FBAR, FBAR attorney, FBAR form, FBAR lawyer, FBAR penalties, FBAR requirements, foreign accounts, Foreign Bank and Financial Accounts, foreign tax amnesty, how do I file an FBAR, IRS FBAR amnesty, LGT bank, LGT tax fraud, Liechenstein banking, Michigan FBAR lawyer, Milwaukee tax lawyer, offshore tax amnesty, offshore voluntary disclosure, OVDI, OVDP, OVDP lawyer, Swiss accounts, Swiss tax fraud, TD 90-22.1, TD F 90-22.1, unreported income, unreported Swiss accounts, US FBAR attorney, Wisconsin FBAR lawyer, Wisconsin tax lawyer
Taxpayer Advocate Questions OVDI, FBAR Penalties
by Brian Mahany Every year, the National Taxpayer Advocate issues a report to Congress. In it she discusses her own independent findings and makes recommendations on how the agency should be reformed. Although a IRS employee, NTA Nina Olson is really independent of the agency and has the ability to report directly to Congress without [...]
California FBAR lawyer, California tax attorney, FBAR, FBAR amnesty, FBAR attorney, FBAR lawyer, FBAR penalties, Foreign Bank and Financial Accounts, how do, how do I file an FBAR, how do I report my foreign account, Michigan tax attorney, offshore tax amnesty, offshore voluntary disclosure, OVDI, OVDI attorney, OVDP, OVDP lawyer, Swiss accounts, tax amnesty, Wisconsin tax attorney
IRS Criminal Chief Says Agency To Continue Probe Of Unreported Foreign Accounts
by Brian Mahany Sooner or later the pendulum always swings in the opposite direction. Unfortunately for those with unreported offshore bank and financial accounts, that shift is nowhere in sight. On October 18th, the chief of the IRS’ Criminal Investigation Division, Richard Weber, repeated that his 4000 special agents will continue to focus on unreported [...]
business tax attorney, Credit Suisse fraud, FATCA lawyer, FBAR lawyer, Foreign Account Tax Compliance Act, foreign bank account, Foreign Bank and Financial Accounts, Israeli bank accounts, kantonbank, Liechenstein bank, Maine tax attorney, Michigan tax lawyer, Milwaukee tax attorney, offshore reporting, offshore tax amnesty, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP, Swiss accounts, UBS scam, unreported accounts, unreported foreign bank account, unreported income, Wisconsin tax lawyer
As the Pockets of Offshore Tax Evaders get Fatter, the IRS gets FATCA
by Wassim Malas In the age-old game of cat-and-mouse between the IRS and tax evaders, the U.S. government just added a new tool to its arsenal. As part of the ongoing effort to improve tax compliance (and more importantly collection) involving foreign financial assets and offshore accounts, the United States in 2010 enacted The Foreign [...]
2012 tax amnesty, California tax lawyer, FATCA, FATCA attorney, FBAR, FBAR attorney, Foreign Account Tax Compliance Act, Foreign Bank and Financial Accounts, foreign financial assets, IRS, IRS lawyer, Michigan tax lawyer, Minnesota tax lawyer, offshore banking, offshore tax amnesty, OVDI, tax compliance, Wisconsin tax attorney
Foreign Account? Here Come the IRS
by Brian Mahany For three years we have warned that the IRS is coming. From criminal indictments of private bankers to John Doe subpoenas and even through looking at offshore debit card use in the US, the IRS has been relentless in its pursuit of unreported offshore bank and brokerage accounts. This week, Credit Suisse [...]
California tax attorney, FBAR, FBAR lawyer, foreign tax, IRS, IRS lawyer, Michigan tax attorney, Milwaukee tax attorney, offshore accounts, offshore banking, offshore tax amnesty, offshore voluntary disclosure initiative, OVDI, OVDI lawyer, Swiss bank accounts, tax amnesty, tax compliance, tax evasion, unreported foreign bank account, unreported income
Holder of an Offshore HSBC Account? Amnesty Ends in Few Weeks
by Brian Mahany Anyone who reads this blog (30,000 per month visit) know that I have been sounding the alarm for those with unreported offshore accounts for many months. One of the first things most people ask me is, “Will I get caught?” It’s a great question and absent a crystal ball, one I can’t [...]
amnesty, amnesty lawyer, California tax lawyer, Detroit tax lawyer, FBAR lawyer, Foreign Bank and Financial Accounts, foreign banking, foreign reporting requirements, Michigan tax attorney, Milwaukee tax attorney, offshore tax amnesty, offshore voluntary disclosure initiative, OVDI, tax amnesty, unreported income, Wisconsin tax attorney
Americans Expatriating in Record Numbers? It Is True
by Brian Mahany Yesterday the New York Times ran a great piece by Catherine Rampell. She looked at statistics showing the number of Americans renouncing their citizenship. While those numbers certainly show a mass exodus, they are in some case 10 to 20 times higher than just 2 years ago. While one can speculate on [...]
amnesty lawyer, Detroit tax lawyer, FBAR attorney, foreign bank accounts, Foreign Bank and Financial Accounts, IRS lawyer, Maine tax lawyer, Milwaukee tax attorney, offshore banking, offshore tax amnesty, OVDI, tax amnesty, unreported income, Wisconsin tax attorney
First Foreign Accounts, Now Foreign Assets? Yes, It’s Coming Soon
by Brian Mahany There has been a constant stream of news these days on unreported offshore accounts and the current foreign tax amnesty program. Recently, however, the IRS published in draft Form 8938 due for release later this year. That form, called the Statement of Specified Foreign Financial Assets, requires disclosure of assets held overseas. [...]
amnesty lawyer, FBAR, Foreign Bank and Financial Accounts, foreign banking, Michigan tax lawyer, offshore accounts, offshore investments, offshore safe deposit box, offshore tax amnesty, offshore voluntary disclosure initiative, Portland tax attorney, unreported foreign assets, unreported income, Wisconsin tax attorney
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