foreign bank accounts

August 30, 2017
U.S. Tax Evasion Charges Settled by Swiss Asset Manager

U.S. Tax Evasion Charges Settled by Swiss Asset Manager

Prime Partners, a Geneva-based asset management firm has agreed to pay $5 million to the United States to settle charges for tax evasion and assisting U.S. […]
March 21, 2017
Los Angeles Businessman Sentenced to 24 Months in Prison Over Foreign Bank Account

Los Angeles Businessman Sentenced to 24 Months in Prison Over Foreign Bank Account

According to a press release by the Department of Justice, Masud Sarshar, a Los Angeles businessman was sentenced to 24 months in a federal prison for […]
March 3, 2017
Three Orange County, California Taxpayers Plead Guilty to Offshore Tax Fraud

Three Orange County, California Taxpayers Plead Guilty to Offshore Tax Fraud through Foreign Bank Accounts

At one point in time, wealthy Americans routinely kept their assets in foreign accounts. For previous generations, distributing assets in nations throughout the world seemed to […]
March 8, 2016
foreign financial see reporting lawyer

IRS Finalizes Domestic Entity Rules Guiding Foreign Financial Asset Reporting

IRS Finalizes Specific Domestic Entity Rules Guiding Whether Specified Foreign Financial Asset Reporting Is Required Since the 2010 passage of the Hire Incentives to Restore Employment […]
December 11, 2015
constitution we the people

Thinking of Invoking Your Fifth Amendment Right With Regard to FBAR

Most adults in the United States are familiar with the Fifth Amendment’s protection against forced self-incrimination. The protection is a part of the Bill of Rights […]
November 2, 2015
IRS spying

The IRS is Watching You – Service Buys Sophisticated Spying Equipment

For Americans, it is likely no surprise that the government is keeping a watchful eye on its citizenry. When we imagine how that is effectuated, we […]