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April 2011 Archives

IRS Continues Prosecutions Stemming From UBS Admission

Failing to disclose bank accounts and earnings to the Internal Revenue Service (IRS) is generally a practice that can bring legal difficulties, particularly in recent years when the focus has been placed on investigating offshore accounts. The IRS has vast resources at its disposal and does not hesitate to use them in its effort to collect what is owed to the government. The IRS, when aided by banks, is an even more formidable foe.

IRS Continues Prosecutions Stemming From UBS Admission

Failing to disclose bank accounts and earnings to the Internal Revenue Service (IRS) is generally a practice that can bring legal difficulties, particularly in recent years when the focus has been placed on investigating offshore accounts. The IRS has vast resources at its disposal and does not hesitate to use them in its effort to collect what is owed to the government. The IRS, when aided by banks, is an even more formidable foe.

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