• While The Fiscal Cliff Keeps You Distracted, The AMT Will Rob You Blind
  While the nation’s eyes are affixed firmly on the future tax implications of the fiscal cliff negotiations, few people realize that they stand to pay larger tax bills in 2012 courtesy of a little something Congress could have.
  in Public bookmarks with amt fbar foreign-bank-account irs-amnesty tax-planning
• Your Money: 13 money-saving tips for 201
  Thirteen might not be the luckiest of numbers, but 2013 could be a pretty good year to get on a better financial footing
  in Public bookmarks with fbar irs-amnesty mortgage-interest tax-changes-2012 tax-planning
• Avoid Penalties and Jail Term with OVDP 2012
  Though the objective of the IRS Amnesty 2012 is similar to that of its earlier initiatives i.e., to bring taxpayers that have used undisclosed foreign accounts and undisclosed foreign entities to avoid or evade tax into compliance with United States tax laws, it differs in the framework.
  in Public bookmarks with avoid-penalties entity-formation fbar irs-amnesty ovdp overseas-voluntary-disclosure
• Avoiding Penalties with OVDP 2012
  Though the objective of the IRS Amnesty 2012 is similar to that of its earlier initiatives i.e., to bring taxpayers that have used undisclosed foreign accounts and undisclosed foreign entities to avoid or evade tax into compliance with United States tax laws, it differs in the framework.
  in Public bookmarks with avoid-penalty entity-formation fbar irs-amnesty ovdp
• Bank Account Nominee Director
  Almost without exception, entities need bank accounts if they are to do business. So naturally, the vast majority of those who incorporate offshore will need to open a bank account for their company sooner or later.
  in Public bookmarks with disclosure fbar ovdp overseas voluntary
• Beanie Babies creator gets probation for tax evasion
  The billionaire creator of Beanie Babies, Ty Warner, will serve two years of probation, including mentoring high school students, following his guilty plea on a tax evasion charge, but no jail time, a federal judge ruled on Tuesday. - See more at: http://www.mytaxfiler.com/blog/beanie-babies-creator-gets-probation-for-tax-evasion/#sthash.vgHZPjeu.dpuf
  in Public bookmarks with accounts audits fbar funds irs offshore ovdi ovdp overseas
• Beanie Babies Founder Ty Warner To Pay $53M For Offshore Tax Evasion
  H. Ty Warner, age 69, created Beanie Babies and spawned a generation of collectors. He created wealth for himself and others, since some of the plush stuffed animals became collector’s items worth thousands. But he did some of it in secret Swiss accounts and the IRS now stands to collect a $53 million fine. Charged with tax evasion, Mr. Warner has already said he’ll plead guilty. See DOJ Press Release. - See more at: http://www.mytaxfiler.com/blog/beanie-babies-founder-ty-warner-to-pay-53m-for-offshore-tax-evasion/#sthash.PJ8PteKM.dpuf
  in Public bookmarks with fatca fbar ovdi ovdp
• Beware Global IRS Reach – And Very Long Memory
  Does the IRS forgive or forget? Rarely, and when it comes to offshore accounts, even more seldom. - See more at: http://www.mytaxfiler.com/blog/beware-global-irs-reach-and-very-long-memory/#sthash.IPNWRtw4.dpuf
  in Public bookmarks with fatca fbar ovdi ovdp
• Careful, You File Taxes Under Penalties Of Perjury, They’re Not An Opening Offer
  The IRS and Justice Department usually are clever about timing indictments, arrests and convictions for tax crimes during tax season. They hope to put some fear into the millions hovering over their tax forms and computers. The stories make some who are about to file think a little harder. And criminal enforcement of the tax laws is way up.
  in Public bookmarks with criminal fbar investigations irs planning tax
• CONNECTICUT MAN WHO USED OFFSHORE ACCOUNTS SENTENCED
  John Cote, formerly of Danielson, Connecticut, was sentenced today to serve 46 months in prison by U.S. District Judge Vanessa Bryant.
  in Public bookmarks with accounts and conspiracy criminal district evasion fbar investigations irs judge offshore ovdi tax u.s. us
• Contributing to a 401(k) Plan – What You Should Know
  Named for its section in the Internal Revenue Code, 401 (k) plans first emerged as alternatives to pension plans.
  in Public bookmarks with 2013 capital checklist fbar gains india individual report return tax
• Different Methods of Tax Planning for Reducing the Tax Bill
  Tax planning is defined as “Exercise undertaken to minimize tax liability through the best use of all available allowances, deductions, exclusions, exemptions, etc., to reduce income and/or capital gains.”
  in Public bookmarks with 2013 account articles bank business capital checklist fbar foreign form gains india individual planning reporting return small tax
• FATCA Blues? Opt Out Of IRS Offshore Program
  Anyone with undisclosed foreign accounts or income should get some advice and consider how to address the problem.
  in Public bookmarks with fatca fbar irs offshore ovdi ovdp program tax us
• FATCA’s Bleak Choices For Accounts, Income, Disclosure
  Is any offshore income, account or trust still secret? The only safe assumption is no. And contrary to public opinion, it is not merely a prospective problem. Many equate the question solely to FATCA, the pervasive U.S. law enacted in 2010 that is now unfurling to impact global banks and depositors in 2014.
  in Public bookmarks with fatca fbar ovdi ovdp
• FBAR- Important Definitions and Information –Part II
  As per the law, if a U.S. person can control the disposition of money or other property in the account by delivery of a document containing his signature to the bank or other person who maintains the account, then he/she is said to have signature authority.
  in Public bookmarks with 1031 accounts amnesty bank business fbar foreign irs return tax
• FBAR–the IRS Amnesty’s Compliance Options
  The IRS introduced the FBAR law to identify persons who are using foreign financial accounts for illegal purposes or to hide unreported income.
  in Public bookmarks with 1031 account amnesty bank fbar foreign irs planning tax
• File Your FBAR and Get Exempted from Penalties
  FBAR for all American citizens is a type of form where they are required to file the necessary details with regards to a foreign bank account and financial account as per the guidelines by the United State tax authorities.
  in Public bookmarks with account bank capital fbar foreign gain india
• FinCEN Offers Optional Electronic Filing for FBAR Forms
  The Financial Crimes Enforcement Network (FinCEN) today announced that it has developed an electronic filing system that will accept Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR). E-Filing is a quicker, cheaper, more secure, and more reliable way for individuals to file FBARs. E-Filing presents a convenient option to completing and mailing paper forms. Filers will receive an acknowledgement of each report filed.
  in Public bookmarks with fbar
• Foreign Bank and Financial Account Report (FBAR)
  Any United States person who has a financial interest in or signature authority, or other authority over any financial account in a foreign country must file FBAR. IN FBAR, there are certain terms that need to be understood clearly in order to avoid confusion.
  in Public bookmarks with fbar foreign-bank-account irs-amnesty tax-planning
• Govt. Notifies Cyprus For Fraud / Tax Evasion Non-Compliance
  Cyprus Notified as a notified Jurisdictional Area Under Section 94a of the Income-Tax Act,1961 ; All Parties to the Transaction with a Person in Cyprus shall be Treated as Associated Enterprises and the Transaction shall be Treated as an International Transaction Resulting in Application of Transfer-Pricing Regulations Including Maintenance of Documentations.
  in Public bookmarks with cyprus fbar haven tax

« Previous Next »
fbar from all users