• 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
• 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
• 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
• HSBC India Client Indicted for Tax Evasion and Failing to Report Foreign Bank Account
  A federal grand jury in San Jose, Calif., Wednesday indicted Ashvin Desai of San Jose on three counts of tax evasion, two counts of willfully aiding the preparation of materially false tax returns and three counts of failing to file Reports of Foreign Bank and Financial Accounts (FBARs), the Justice Department and Internal Revenue Service (IRS) announced.
  in Public bookmarks with fbar foreign-bank-account-reporting hsbc-india ovdi tax-fraud
• IRS Nets Offshore Data From 77,000 Banks, 70 Countries In FATCA Push
  An astounding 77,000 banks and financial institutions ? even some in Russia?have registered under FATCA - the Foreign Account Tax Compliance Act.
  in Public bookmarks with account act compliance data fatca fbar foreign irs offshore ovdi ovdp tax us
• IRS not fully ready for law against offshore tax evasion: watchdog
  The Internal Revenue Service has spent 19 months and more than $8.6 million getting ready to enforce a new law against offshore tax evasion that takes effect next year, but the agency is still not prepared, a watchdog group said on Thursday. - See more at: http://www.mytaxfiler.com/blog/irs-not-fully-ready-for-law-against-offshore-tax-evasion-watchdog/#sthash.RDB7AMlS.dpuf
  in Public bookmarks with fatca fbar offshore--accounts ovdi ovdp
• IRS Penalties Can Feel Cruel, But Are They Ever Unconstitutional?
  If you have ever forked over additional taxes, interest and penalties to the IRS, you may have uttered a few choice words.
  in Public bookmarks with additional and common fbar interest irs ovdi penalties tax taxes us
• Is Filing Your First FBAR Admitting To A Crime?
  Is filing your first FBAR admitting to a crime? Hardly, but this is a common worry. Perhaps you learned only recently that you had to file annual FBARs for foreign accounts. Now that you do, should you file? See Should You File FBAR For The First Time?
  in Public bookmarks with fatca fbar ovdi ovdp
• PORTOLA VALLEY, CALIF., MAN SENTENCED TO PRISON FOR FAILURE
  Christopher B. Berg of Portola Valley, Calif., was sentenced yesterday to one year and one day in prison to be followed by three years supervised release.
  in Public bookmarks with criminal fbar investigations irs ovdi portola tax us valley
• Push for FATCA Agreements Continues With 12 Pacts Signed, More Under Way
  The push for agreements to implement the Foreign Account Tax Compliance Act continues as the U.S. government works with dozens of jurisdictions on pacts to facilitate information reporting on accounts held in foreign banks by U.S. taxpayers. - See more at: http://www.mytaxfiler.com/blog/push-for-fatca-agreements-continues-with-12-pacts-signed-more-under-way/#sthash.Lmi289ud.dpuf
  in Public bookmarks with fatca fbar iga ovdi ovdp
• Swiss Bank Frey To Close Over IRS Investigation
  Bank Frey’s “Truly Swiss, Truly Private” slogan could soon be “Truly Closed.” The bank is one of 14 under investigation for allegedly helping Americans evade taxes.
  in Public bookmarks with fatca fbar ovdi ovdp
• Swiss Bank indicted on U.S. Tax Charges
  Wegelin & CO., a Swiss private bank, was indicted today for conspiring with U.S. taxpayers and others to hide more than $1.2 billion in secret accounts and the income these accounts generated from the Internal Revenue Service (IRS), the Justice Department announced today. This is the first time an overseas bank has been charged by the United States for facilitating tax fraud by U.S. taxpayers.
  in Public bookmarks with account bank fbar foreign fraud ovdi reporting swiss tax
• Trending Now: Giving Up U.S. Citizenship
  When CNN reports U.S. Citizens Ditching Passports in Record Numbers, it must be true. Like CNN’s election night coverage.
  in Public bookmarks with citizens exit fatca fbar ovdi ovdp tax us
• U.S. Inks FATCA Tax Deals With 9 Nations, Pursues 80 More During 6 Month Reprieve
  The war on tax evasion is no secret. It started with the U.S., which is still the big driver. But the war extends outward like the spokes of a wheel. And the spokes seem to be multiplying. Soon the wheel will look like a porcupine.
  in Public bookmarks with fatca fbar ovdi ovdp
• UBS Clients and Tax Attorney Indicted in Phoenix for Hiding Assets in Secret Foreign Bank Accounts
  Former San Diego Resident Arrested in Miami after Being Expelled From Panama. Phoenix-area businessmen Stephen M. Kerr and Michael Quiel and former San Diego attorney Christopher M. Rusch were charged in Phoenix with conspiracy to defraud the Internal Revenue Service (IRS) for concealing millions of dollars in assets in numerous secret Swiss bank accounts held at UBS and elsewhere, the Justice Department and Internal Revenue Service (IRS) announced.
  in Public bookmarks with account bank fbar foreign fraud ovdi reporting tax
• What To Say When (Not If) Your Offshore Bank Asks, ‘Are You Compliant With IRS?’
  More than 7 million Americans live abroad, and most have bank accounts there. Many other Americans have overseas bank accounts too. Most are receiving letters from their banks about their American status. - See more at: http://www.mytaxfiler.com/blog/what-to-say-when-not-if-your-offshore-bank-asks-are-you-compliant-with-irs/#sthash.Fyblyf0E.dpuf
  in Public bookmarks with fatca fbar offshore---accounts ovdi ovdp
• What’s FATCA? Global Banking Meets NSA But Reports To IRS
  FATCA was quietly enacted in 2010 in a big messy bill called the Hiring Incentives to Restore Employment Act of 2010 (P.L. 111-147). Who names these bills? If you are paying higher healthcare premiums today, note that Obamacare is actually called the Affordable Care Act. And has any “Tax Simplification Bill” actually done it?
  in Public bookmarks with fatca fbar ovdi ovdp

Next »
ovdi from all users