Financial Resource

Article by Kevin Thorn The deadline to apply to the IRS Voluntary Disclosure Program now over; however U.S. taxpayers still can file a voluntary disclosure under the IRS normal procedures. In 2009, the IRS and U.S. Department of Justice began its highly publicized investigation into Swiss bank UBS AG and ...

Senior figures from the international banking industry have been meeting with high-ranking officials from within the Obama administration to express their concern over proposals to strengthen the Qualified Intermediary (QI) program. The QI program ...

Over the last year, the United States government has taken a great interest in undisclosed foreign bank accounts.  Individual taxpayers who file U.S tax returns, and who have any offshore or foreign accounts must ...