Due Diligence
Posts Tagged UBS tax evasion
IRS: No One Is Too Old, Too Poor Or Too Sympathetic To Avoid Prosecution – (FBAR prosecution post)
by Brian Mahany We have long said that the IRS and Justice Department is not letting up in their assault on taxpayers with unreported foreign accounts. Despite our warnings, many people who call us still elect to take a “wait and see approach.” Our story last week on 79 year old widow Mary Estelle Curran [...]
California FBAR lawyer, do I need to file an FBAR, FBAR, FBAR amnesty, FBAR filing, FBAR form, FBAR lawyer, FBAR penalties, Foreign Bank and Financial Accounts, how do I file an FBAR, Maine tax lawyer, Michigan FBAR attorney, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP, OVDP lawyer, Swiss accounts, UBS tax evasion, US FBAR attorney, Wegelin prosecution, Wisconsin tax lawyer
Outrageous IRS FBAR Penalty? You Bet!
by Brian Mahany A few months ago, a reader of Due Diligence wrote to us and said we were being “alarmist.” Many readers can’t fathom how the government can and will impose huge penalties against taxpayers with unreported offshore accounts. Unlike other IRS penalties, those imposed on undeclared foreign bank accounts are based on the asset value [...]
criminal tax, do I need to file an FBAR, FATCA lawyer, FBAR, FBAR amnesty, FBAR filer, FBAR form, FBAR lawyer, FBAR penalties, foreign bank accounts, foreign bank amnesty, Foreign Bank and Financial Accounts, how do I file an FBAR, Lichtenstein banks, Lichtenstein Foundation, Maine tax lawyer, Michigan FBAR lawyer, Milwaukee tax attorney, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP, OVDP lawyer, tax amnesty, tax evasion, UBS tax evasion, unreported accounts, unreported income, Wisconsin FBAR 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
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
Swiss Banker Squeals On Customers, Avoids Lengthy Prison Sentence
by Brian Mahany We have all heard this story line before but it bears repeating. The Department of Justice is more than willing to cut deals with Swiss bankers in return for information about Americans with unreported foreign accounts. This week Christos Bagios, a former banker with UBS and Credit Suisse, was sentenced on a [...]
American tax attorney, conspiracy to defraud, Credit Suisse fraud, criminal tax, FATCA, FBAR, FBAR lawyer, Foreign Bank and Financial Accounts, IRS lawyer, Maine tax lawyer, Michigan tax lawyer, Milwaukee tax attorney, offshore reporting, offshore voluntary disclosure, OVDI, OVDI lawyer, OVDP, tax evasion, tax evasion lawyer, UBS tax evasion, unreported income, unreported offshore account, unreported Swiss accounts, Wisconsin tax lawyer
Felon Sues UBS For Reporting Her Unreported Foreign Account?
by Brian Mahany Here is a novel case. Nadia Roberts is recently pleaded guilty to knowingly filing a false tax return. According to the charge, Nadia and her husband Sean opened a bank account in the Isle of Man using a nominee name. That account was not disclosed on her tax return nor did she [...]
Detroit tax attorney, false return, FBAR, FBAR attorney, FBAR lawyer, FBAR penalties, Foreign Bank and Financial Accounts, IRS, IRS lawyer, Michigan tax lawyer, Milwaukee tax attorney, Minneapolis tax attorney, offshore banking, offshore voluntary disclosure program, OVDI, OVDI lawyer, OVDP, Swiss bank, tax evasion, UBS fraud, UBS tax evasion, unreported foreign assets, unreported foreign bank, unreported income, voluntary disclosure, Wegelin fraud, Wisconsin tax lawyer
Offshore Banking – David Bites Back at Goliath
Posted by admin in Fraud Recovery, Tax on April 3, 2012
by Brian Mahany When the IRS came knocking on UBS’ door a couple years ago, U.S. customers with unreported offshore accounts didn’t have too many options. Although some decided to transfer their unreported money to yet another Swiss or foreign account, the recent increase of IRS criminal prosecutions suggests that Uncle Sam is winning the [...]
Detroit tax lawyer, FBAR, FBAR lawyer, Foreign Bank and Financial Accounts, foreign banking, IRS attorney, Michigan tax lawyer, Milwaukee tax attorney, Minneapolis tax attorney, offshore accounts, offshore banking, offshore voluntary disclosure, OVDI, OVDP, tax lawyer, UBS fraud, UBS tax evasion, unreported income
Lawyer Indicted For Helping Clients Set Up Offshore Swiss Bank Accounts
by Brian Mahany The IRS and U.S. Department of Justice show no sign of letting up in their quest to ferret out U.S. taxpayers with unreported offshore accounts. Earlier this week Justice officials unsealed an indictment against a former San Diego tax attorney and two of his clients for alleging hiding millions in unreported Swiss [...]
Detroit tax attorney, FATCA, FATCA lawyer, FBAR, FBAR lawyer, Foreign Account Tax Compliance Act, Foreign Bank and Financial Accounts, IRS, IRS lawyer, Michigan tax attorney, Milwaukee tax lawyer, Minneapolis tax lawyer, offshore banking, offshore voluntary disclosure program, OVDI, OVDI lawyer, OVDP, OVDP attorney, Portland tax attorney, Swiss accounts, Swiss banks, tax amnesty, tax evasion, UBS fraud, UBS tax evasion, unreported accounts, unreported income
Right to Remain Silent in Offshore Asset Cases? NO Says Appeals Court!
by Brian Mahany Our 5th amendment privilege against self – incrimination is a basic fundamental right guaranteed by the Constitution. Americans can trace this protection from government abuse of authority all the way back to 1215 and the Magna Carta. Think of growing up watching TV shows and movies where the cops tell the bad [...]
California IRS lawyer, FATCA, FATCA attorney, FATCA lawyer, FBAR, FBAR lawyer, Foreign Account Tax Compliance Act, foreign bank, Foreign Bank and Financial Accounts, IRS, Michigan tax lawyer, Minnesota tax attorney, offshore accounts, offshore voluntary disclosure initiative, OVDI, OVDP, Portland tax lawyer, Swiss bank, tax lawyer, UBS tax evasion, unreported income, Wisconsin tax attorney
Show Down Time Between US IRS and Swiss Banks
by Brian Mahany The US government’s deadline for 11 Swiss banks to turn over names came and went on Tuesday. Although Credit Suisse has apparently agreed to comply, Swiss news source Swiss Info says the banks are remaining “tight lipped.” The IRS is seeking not only the names of US account holders but correspondence between [...]
amnesty lawyer, California IRS lawyer, Credit Suisse fraud, FBAR, FBAR lawyer, foreign accounts, Foreign Bank and Financial Accounts, IRS, IRS lawyer, Michigan tax attorney, Milwaukee tax attorney, offshore accounts, offshore voluntary disclosure initiative, OVDI, OVDI lawyer, Swiss bank accounts, tax amnesty, UBS tax evasion, unreported income, Wisconsin IRS lawyer, 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