Tax Blog and News
IRS Form 8938 and FBAR (Form 114) Comparison
IRS Form 8938 and FBAR (Form 114) Comparison
Two More Swiss Banks Agree to Cooperate with the Department of Justice and IRS
The U.S. Department of Justice announced that two banks, Rothschild Bank AG and Banca Credinvest SA, have reached resolutions under the DOJ’s Swiss Bank Program.
Reminder: Deadline to File 2014 Foreign Bank Account Report (FBAR) is June 30, 2015
Holtz, Slavett & Drabkin would like to remind that U.S. Taxpayers who have financial interest in, or signature authority over, foreign financial accounts, which exceed $10,000 in total value, must file their Foreign Bank Account Reports (FBAR) on or before June...
More Swiss Banks Enter into Non-Prosecution Agreement with DOJ, Added to 50% FBAR Penalty List
More Swiss Banks Enter into Non-Prosecution Agreement with DOJ, Added to 50% FBAR Penalty List
IRS Updates List of Designated Private Delivery Services for Timely Mailing Rule
IRS Updates List of Designated Private Delivery Services for Timely Mailing Rule
Swiss Banker Pleads Guilty to Tax Conspiracy
Peter Amrein, a former Swiss banker, pleaded guilty to a tax conspiracy charge for helping U.S. taxpayers hide millions of dollars in offshore accounts from the Internal Revenue Service.
Igor Drabkin Publishes an Article on International Tax Penalties
Igor Drabkin’s article “International Reporting Penalties — What to Expect and How to Fight Them” was published in the January 2015 edition of the CCH Journal of Tax Practice and Procedure.
Holtz, Slavett & Drabkin Principals Are Named Super Lawyers for Fifth Consecutive Year
All three founding principles of Holtz, Slavett & Drabkin, APLC — David Holtz, Gary Slavett and Igor Drabkin — were named as 2015 Southern California Super Lawyers in the field of Tax Law
IRS Updates List of Banks Whose Account Holders Are Subject to 50% Penalty
On January 30, 2014, the Internal Revenue Service updated its list of Foreign Financial Institutions or Facilitators, whose clients meet criteria for a 50% Penalty in the Offshore Voluntary Disclosure Program (OVDP).
Igor Drabkin to Speak at FBAR Seminar
Igor Drabkin will be speaking in an upcoming Strafford live webinar, “FBAR Requirements for Business Foreign Bank Accounts” scheduled for Thursday, December 18