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"IRS Cannot Extend Three-Year Limitation Due to Overstatement of Basis http://t.co/04MmxcL3" — GarySWolfe

Foreign Grantor Trusts – U.S. Tax Compliance

On August 9, 2010, In Foreign Trust, Videos, By admin

Tagged with: FBAR • foreign account • foreign trust • Form 3520 • grantor trust • IRS Tax Audit
 
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Unreported Foreign Accounts – FBAR Filings

On August 4, 2010, In FBAR, Videos, By admin

Tagged with: FBAR • foreign account • foreign trust • IRS Tax Audit • tax audit • tax evasion • unreported income
 
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Quiet Tax Filing – A Voluntary Disclosure Alternative

On August 3, 2010, In FBAR, International Tax Compliance, Videos, By admin

Tagged with: FBAR • foreign account • IRS Tax Audit • tax audit • tax evasion • unreported income • voluntary disclosure
 
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The IRS and Voluntary Disclosures

On August 2, 2010, In IRS Tax Audit, Videos, By admin

Tagged with: foreign account • IRS Tax Audit • tax evasion • UBS • unreported income • voluntary disclosure
 
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FATCA – Foreign Trust Property

On July 23, 2010, In FATCA, Videos, By admin

Tagged with: FATCA • foreign account • foreign trust • HIRE • IRS Tax Audit
 
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Money Laundering and the UBS Case

On July 7, 2010, In UBS, Videos, By admin

Tagged with: FBAR • foreign account • IRS Tax Audit • money laundering • tax evasion • UBS • unreported income • wire fraud
 
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FATCA – New 40% Penalty

On July 6, 2010, In FATCA, Videos, By admin

Tagged with: FATCA • FBAR • foreign account • IRS Tax Audit • unreported income
 
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FATCA – PFIC Reporting

On June 29, 2010, In FATCA, Videos, By admin

Tagged with: FATCA • foreign account • passive income • PFIC
 
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FATCA – Foreign Financial Assets – 2010 Reporting

On June 15, 2010, In FATCA, Videos, By admin

Tagged with: foreign account • foreign trust • IRS Tax Audit
 
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UBS Settlement Rejected by Swiss Parliament

On June 14, 2010, In UBS, Videos, By admin

Tagged with: FATCA • foreign account • IRS Tax Audit • tax • UBS • unreported income
 
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UBS & THE IRS: 4450 U.S. TAXPAYERS 

If you are one of the 4450 U.S. Taxpayers who UBS will disclose to the IRS please ask yourself 3 questions:

1. Did you report the UBS account?
2. Did you report the income from the UBS account?
3. Did you file an FBAR for the UBS account?

If the answer is no to any of these questions, please call 310-274-3116 for a free consultation or email gsw@gswlaw.com

 

Quote 

"The power to tax is the power to destroy." Chief Justice John Marshall, in McCulloch v. Maryland, 17 U.S. 316 (Wheat.)(1819)
 

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Twitter 

  • IRS Cannot Extend Three-Year Limitation Due to Overstatement of Basis http://t.co/04MmxcL3 2012/05/11
  • U.S. and Global Banking Execs Say Majority of Banks to Miss #FATCA Compliance Deadlines - http://t.co/TZ3KANS5 2012/05/10
  • Wealthy Americans Line Up to Forfeit Passports - http://t.co/wCESTfe5 #FATCA 2012/05/02
  • The Facts on #FATCA - New Rules Set to Reshape Global Wealth Management http://t.co/80MkMnNZ 2012/04/24
  • Bank Of New York To Face IRS In Court Over Tax Shelters http://t.co/x7vByb8d 2012/04/16
 

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Recent Posts 

  • Biggest tax mess of 2012 – The 1099-C woes
  • IRS Audit Items
  • IRS Audit of Tax Returns
  • Qualified Intermediaries – Foreign Recipients of U.S. Source Income
  • FATCA – IRS Audits and Statute of Limitations
  • IRS Tax Audits Increase (2011)
  • IRS Estate Tax – 2010
  • New IRS Tax Audit Targets 2010
  • FATCA – Qualified Intermediaries and Foreign Investors
  • IRS Tax Audits (as of Sept 30, 2009)
 

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Andrew Stein clawback conspiracy estate tax FATCA FBAR financial advisors foreign account foreign gifts foreign grantor trust foreign trust Form 3520 fraud gift tax grantor trust HIRE income tax irrevocable IRS Tax Audit Kenneth I. Starr money laundering offshore passive income PFIC Ponzi private wealth management qualified intermediary SEC securities fraud specific intent Statute of Limitations tax tax audit taxes tax evasion tax haven tax loss tax preparers UBS unreported income voluntary disclosure W-9 wire fraud Wyly Zaltsberg
 

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