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Offshore Accounts Get Hammered!

by | Apr 6, 2009 | income tax, offshore bank account

Offshore Accounts Get Hammered!

The IRS is starting to prosecute UBS customers with Swiss and Offshore accounts that have not reported them. On March 28, the IRS issued a directive making this a high priority.

If you are thinking of buying books or consulting services from someone that sells “Asset Protection” by using “secret” offshore accounts and bearer stock, check with your tax lawyer before your do anything!