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Posts Tagged unfiled FBAR

FBAR Post – US Swiss Tax Deal Imminent

There have been many false starts in the long battle between the IRS and proponents of Swiss banking secrecy. Even after both Swiss banks and the Swiss finance ministry caved to pressure from Washington, the Swiss parliament stepped in to prevent the banks from making wholesale disclosures to the IRS. Now a deal between the [...]

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Tax Evasion FBAR Post -Lawyer Pleads to Tax Charges

The Department of Justice and IRS have done it again; they convicted another lawyer accused of helping American taxpayers hide money from Uncle Sam. U.S. law says taxpayers with interest in foreign bank accounts must annually declare those accounts on a Report of Foreign Bank and Financial Accounts, better known as an FBAR. Failing to [...]

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