Experienced Tax Attorneys

Call Us Confidentially Now: 201-355-8202

Call us confidentially now:

You Deserve Confidentiality & Trusted Tax Law Experience

Get Help Now

News & Events

Archive by Month: January 2017

Bank Data Exchanges Between the Swiss and U.S. Governments: It Could Soon Be Done Automatically

Offshore Account Update

Posted in on January 20, 2017

If you have offshore funds at a Swiss bank account, the United States government wants to know about your account and about the money within it. You must file an annual Report of Foreign Bank and Financial Accounts (FBAR) and could face serious penalties if you don't, especially if the IRS believes you willfully failed to disclose your offshore account.

Read More

Back to the top