On April 2, 2009, the IRS announced they will reduce the penalty for not filing a Report of Foreign Bank and Financial Account, known as a ...
Most Recent Articles For: Federal
Written by admin on September 25th, 2011
Written by admin on September 23rd, 2011
What caused the Financial Melt Down?
The first step to extricating ourselves from this financial mess is to understand what happened. I happened to have ...
Written by admin on August 30th, 2011
Offshore International Today Aug 2011
Lance Wallach
You may want to think about participation in the IRS' offshore tax amnestyprogram (called the Offshore Voluntary Disclosure Initiative). Do you want to play audit roulette with the IRS? Some clients think they are too small to be prosecuted. They are wrong.
To the average ...
Written by admin on August 19th, 2011
The actual global markets are interconnected and depend significantly on the monetary and macroeconomic data. The Forex marketplace is not very. Currency rates ...
Written by admin on August 8th, 2011
On April 2, 2009 the U.S. Treasury rolled out a Voluntary Disclosure program (expiring on September 22, 2009). The goal of this program is to bring into the fold undisclosed foreign bank accounts and with them, a lot of tax revenue. The voluntary disclosure program is confiscatory and will ...
