The Organization for Economic Cooperation and Development (“OECD”)
,

OECD Releases First Pillar of Model Framework

The Organization for Economic Cooperation and Development (“OECD”) The Organization for Economic Cooperation and Development (“OECD”) has released the first pillar of its model framework for automatic exchange of tax information. Standardized…
Offshore financial accounts are the target of a recent IRS crackdown on tax evasion
, ,

Offshore Accounts and the Offshore Voluntary Disclosure Program

The Justice Department Crackdown on Offshore Foreign Accounts Since the Justice Department raised the threat of prison time for Americans who did not reveal their offshore accounts, the tax-evader crackdown has proven very successful for…
Tax evasion is a crime, it is better to get the help of a qualified tax attorney to help you file your FBAR returns
, ,

Don’t pack your bags just yet

Don’t pack your bags just yet; you may not be going anywhere. The Senate  bill 1813 may just be the reason why you as a tax payer that owes the IRS taxes might just not be in a hurry to pack up your bags. In case you are planning on going…