Read about the Justice Departments Criminal Prosecution of Taxpayers who have failed to report foreign bank and financial accounts and report the income from those accounts on their US tax returns.
Read about the results of one of these criminal cases a year later (from the original charge) on April 25, 2011.
We recommend if you are in this situation that you consider entering the 2011 IRS Offshore Voluntary Disclosure Program to try avoid these consequences. We have helped many clients who wish to participate in the program. The IRS does not limit their activity to the pursuit of wealthy individuals. Their actions and plans include individuals of all income levels and wealth.
Read about the results of one of these criminal cases a year later (from the original charge) on April 25, 2011.
We recommend if you are in this situation that you consider entering the 2011 IRS Offshore Voluntary Disclosure Program to try avoid these consequences. We have helped many clients who wish to participate in the program. The IRS does not limit their activity to the pursuit of wealthy individuals. Their actions and plans include individuals of all income levels and wealth.
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