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Do I Need to Report Foreign Gifts to the IRS?

The post Do I Need to Report Foreign Gifts to the IRS? appeared first on Tax Attorney. If you timely filed for a tax extension, you have until October 15, 2018 to submit your federal income tax return...

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U.S. Government Files Lawsuits Against Colorado Family Over Foreign Bank...

The post U.S. Government Files Lawsuits Against Colorado Family Over Foreign Bank Accounts appeared first on Tax Attorney. According to various media outlets, the Department of Justice have set their...

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California Man Admits Hiding Over $1 Million from IRS in Foreign Bank Accounts

The post California Man Admits Hiding Over $1 Million from IRS in Foreign Bank Accounts appeared first on Tax Attorney. Anyone who reads our tax blog on a regular basis knows that foreign account...

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IRS Tax Alert: Offshore Voluntary Disclosure Program (OVDP) Ending Tomorrow,...

The post IRS Tax Alert: Offshore Voluntary Disclosure Program (OVDP) Ending Tomorrow, September 28, 2018 appeared first on Tax Attorney. If you follow our tax blog, you are already aware that our...

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Racecar Driver and Business Owner Sentenced to Prison for Tax Fraud

The post Racecar Driver and Business Owner Sentenced to Prison for Tax Fraud appeared first on Tax Attorney. According to a press release by the Department of Justice, William Whittington, 68, of...

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How can an IRS Innocent Spouse Relief Claim or Domestic Voluntary Disclosure...

The post How can an IRS Innocent Spouse Relief Claim or Domestic Voluntary Disclosure Programs help me where tax fraud is discovered or suspected during my divorce? appeared first on Tax Attorney. How...

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Ruling Against Chinese Banks Threatens Taxpayers Who Fail to Comply with...

The post Ruling Against Chinese Banks Threatens Taxpayers Who Fail to Comply with FATCA, FBAR appeared first on . In a sealed case argued and decided earlier this summer, the U.S. Court of Appeals for...

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California Businessman Sentenced on Charges Related to Foreign Bank Accounts

The post California Businessman Sentenced on Charges Related to Foreign Bank Accounts appeared first on . The crackdown on Americans with undisclosed foreign bank accounts continues as another...

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Have an Undisclosed Bank Account in One of These Countries? Watch Out for a...

The post Have an Undisclosed Bank Account in One of These Countries? Watch Out for a FATCA Letter, Or a High-Risk Audit, Or Tax & Willful Foreign Information Non-Reporting Criminal Investigation...

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Does Willful Failure to File a Report of Foreign Bank or Financial Account...

The post Does Willful Failure to File a Report of Foreign Bank or Financial Account Equal Tax Evasion? appeared first on . Each year, most U.S. citizens with money in foreign financial accounts must...

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