by Igor Drabkin | Apr 30, 2014 | Criminal Tax, FBAR, Internal Revenue Service, Offshore Income
Swiss units of Goldman Sachs and Morgan Stanley are among more than 100 Swiss banks participating in the Department of Justice amnesty program.
by Igor Drabkin | Dec 17, 2013 | Criminal Tax, FBAR, Internal Revenue Service, Offshore Income
As the December 31st deadline is approaching, about a dozen of Swiss banks have indicated that they are entering the DOJ Program for Swiss Banks.
by Igor Drabkin | Oct 29, 2013 | Criminal Tax, FBAR, Internal Revenue Service, Offshore Income
In the most recent case of government’s crackdown on offshore tax evasion, a Florida psychiatrist, who together with her husband founded two Caribbean medical schools, was found guilty of conspiring to defraud the Internal Revenue Service and filing false tax returns.
by Igor Drabkin | Sep 19, 2013 | Criminal Tax, FBAR, Internal Revenue Service, Offshore Income
Department of Justice announced that Ty Warner, creator of Beanie Babies, was charged with federal tax evasion for allegedly failing to report income he earned in a secret offshore financial account he held with UBS in Switzerland. Warner ranks as # 209 on the Forbes list of richest Americans.
by Igor Drabkin | Jun 18, 2013 | FBAR, Internal Revenue Service, Offshore Income
Reminder: Deadline to File 2012 Foreign Bank Account Reports (FBAR) is June 30, 2013
by Igor Drabkin | May 6, 2013 | FBAR, Internal Revenue Service, Offshore Income
The Internal Revenue Service and the U.S. Department of Justice are expanding their investigation of offshore tax cheats to the Caribbean. Last week, a federal district court in California has authorized service of a “John Doe: summons for the records of U.S....