The Internal Revenue Service may be missing potential tax dodgers who report their foreign accounts but who avoid paying penalties by not reporting previous years' returns. The Government Accountability Office released Offshore Tax Evasion: IRS Has Collected Billions of Dollars, but May be Missing Continued Evasion (GAO-13-318): Tax evasion by individuals with unreported offshore financial accounts…
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Going to a tax planning seminar in Panama?
Anthony Parent posts - Why you really really might not want ever speak, or even be in the same room as San Diego Tax Attorney Christopher Rusch! In yesterday’s post about Chris Rusch, a self-claimed tax attorney mastermind who will be meeting potential tax clients in Panama shortly, I wrote: So in case you missed it:…
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2014 Tax Season to Start Later Following Government Shutdown
The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing season to allow adequate time to program and test tax processing systems following the 16-day federal government closure. The IRS is exploring options to shorten the expected delay and will announce a final decision…
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Was Raoul Weil the Ex-UBS Banker Your Banker?…You May Want to Contact M&A Immediately!
An Italian judge ruled on Tuesday, October 22, 2013, that Raoul Weil, the ex-UBS banker wanted in the United States over allegations of helping Americans dodge taxes, must remain in custody while awaiting possible extradition to the US. The decision was handed down by a judge of the Court of Appeal in Bologna, where Weil, a…
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