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Taxes

Frequently Asked Questions for Taxpayers with Undisclosed Foreign Bank Accounts

18th March 2010
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 report income from these offshore accounts...
Author: Kevin2
Taxes

Voluntary Disclosure Program: IRS Doors Still Open

08th December 2009
The deadline to apply to the IRS's Voluntary Disclosure Program has long gone, however U.S. taxpayers can still file a voluntary disclosure under the IRS's regular procedures. The IRS and U.S. Department of Justice ramped up its highly publicized inves...
Author: Kevin Thorn