On Thursday, April 24, 2014, we posted "51 Fatca Agreements and Growing!" where we discussed the IRS' Announcement 2014-17 which provides that countries that have FATCA agreements "in substance" with the United States will be seen as complying with the law, even if the agreements are not finalized by Dec. 31, 2014. Since then, Australia signed…
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Your Goldman Sachs & Morgan Stanley Swiss Bank Info Is Being Transferred To The US Govt As We Speak!
We originally posted Tuesday, January 28, 2014 "Offshore Swiss Bank Account? This May Be Your Last Chance To File A Voluntary Disclosure!," where we discussed that The United States Justice Department has received 106 requests from Swiss entities to participate in a settlement program aimed at ending a long-running probe of tax-dodging by Americans using…
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51 Fatca Agreements and Growing!
On Friday, April 18, 2014, we posted FATCA Picking Up Momentum & US Gives Foreign Banks More Time to Register, where we discussed the IRS' Announcement 2014-17 which provides that countries that have FATCA agreements "in substance" with the United States will be seen as complying with the law, even if the agreements are not…
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The IRS Provides Options for Taxpayers Who Owe Tax after April 15!
Here are some options to consider, even if you can’t pay the full amount right now: Borrow the money. If you don’t have the money to pay all your taxes now, then you may want to get a loan from a bank or other source. The interest rate may be lower than the interest and penalties…
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