Three Orange County, California residents were sentenced to prison today for willfully failing to file Foreign Bank Account Reports (FBAR), disclosing their secret accounts in Switzerland and Israel.
Holtz, Slavett & Drabkin, APLC is pleased to announce that its founding members Gary Slavett, David Holtz and Igor Drabkin have been distinguished as Southern California Super Lawyers for 2017. All three attorneys were selected as “best of the best” in the area of Tax Law for the upcoming year.
Beginning this year, reporting for the 2016 calendar year, the due date for filing Foreign Bank Account Reports (FBAR) changes from June 30th (which applied to all the previous tax years) to the same filing deadline as individual income tax returns, April 15.
According to the new data, 55,800 taxpayers have come into the Offshore Voluntary Disclosure Program (OVDP) to resolve their tax obligations, paying more than $9.9 billion in taxes, interest and penalties since 2009.
Igor Drabkin was interviewed on CNN’s Erin Burnett Show about presidential candidate Donald Trump’s failure to disclose his tax returns