The voluntary disclosure program which allows US taxpayers to avoid criminal prosecution for not reporting foreign accounts ends on Thursday. No, you’re not reading an
Read MoreCategory: international
Merkel Wins 2nd Term In Germany, Touts Tax Cuts
“Lesen Sie es von meinen Lippen ab, keine neuen Steuern.”(translation: Read my lips, no new taxes.) Okay, maybe German Chancellor Angela Merkel didn’t actually say
Read MoreOffshore Voluntary Compliance Program Deadline Extended
The Internal Revenue Service (IRS) has announced an extension of the deadline for its Offshore Voluntary Compliance Program. The deadline, which was initially September 23,
Read MoreAsk The Taxgirl: Oh Canada!
Taxpayer asks: I have what may be a stupid question. I read your answer about FBAR and I was wondering whether you have to report
Read MoreAsk The taxgirl: FBAR & Power Of Attorney
Taxpayer asks: I was just reading about the rules for FBAR, and noticed that the IRS says that people who have Power of Attorney (POA)
Read MoreFix The Tax Code Friday: Foreign Accounts
The IRS crackdown on foreign accounts has been generating a lot of discussion in the blogosphere. Some folks argue that it’s a waste of resources,
Read MoreAsk The Taxgirl: Foreign Accounts & FBARs
Taxpayer asks: Hi Kelly, With all the publicity about UBS and foreign bank accounts, I have some concerns that a lot of parents may be
Read MoreIRS Crackdown On UBS Continues With Indictments
The IRS is making serious noise about its attempts to combat offshore tax evasion. What could be a better pulpit than its high profile UBS
Read MoreIRS Plays Chicken With Taxpayers
Remember that great scene in the movie Footloose when Kevin Bacon is challenged to a game of chicken on the tractor? It seems that the
Read MoreUBS Settles With IRS
Um, that’s all we know. Really. I’ve been sent a trillion links on this today and despite pages and pages of content, nobody has any
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