Most Recent Articles For: penalties for late fbar filing

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 ...
Written by admin on May 14th, 2011
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 ...