A year ago, the biggest story in banking was that the U.S. and Switzerland had reached an accord that would all but end the secrecy
Read MoreTag: offshore-accounts
IRS Part Of Biggest Story In Banking
Sometimes, what seems like a little story is actually quite extraordinary. That’s what happened earlier this month, when what seemed like business as usual thousands
Read MoreRomney’s Tax Returns Are Remarkably… Unremarkable
I know, I know. You, like me, woke up this morning and your first thought was: what’s on those darn Romney tax returns? Okay, maybe
Read MoreFBAR Deadline Looming
Donna (not her real name, of course) has been breaking the law for years. The funny thing is she doesn’t look like your stereotypical criminal:
Read MoreMultinational Corporate Tax Holiday Gets New Interest
Imagine for a minute how you’d feel if you found out that Congress passed a law that would allow your neighbor to pay less tax
Read MoreRon Cohen Presents on Google and the “Dutch Sandwich”
Ron Cohen of Greenstein, Rogoff, Olsen & Co., sent me this video of their weekly tax update focusing on “Dutch Sandwich” or “Double Irish” offshore
Read MoreCongress Considers ‘Tax Holiday’ For Corporations
I think we all saw this coming. We’re easing out of a recession. The deficit is climbing. Companies *might* be hiring again, depending on the
Read MoreIRS Tax Amnesty: Once More With Feeling
As expected, the IRS has announced a new amnesty program for taxpayers with previously undisclosed offshore accounts. But since amnesty is such an ugly word,
Read MoreIRS To Announce New Amnesty Plan
If you thought the steady stream of IRS announcements related to offshore accounts investigations happened to be a coincidence, imagine me shaking my head and
Read MoreWho Should The Rich Fear More Than IRS? WikiLeaks.
Many wealthy taxpayers might have dodged a bullet following the IRS settlement agreements with UBS and Deutsche Bank… but they might be getting their day
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