Skip to content

MENU

Cole Schotz P.C. logo
HomeAbout UsContact

Tax, Trusts & Estates Law

Home » Tell IRS If You Have Foreign Bank Account?

Tell IRS If You Have Foreign Bank Account?

By Jeffrey H. Schechter on July 6, 2009
Posted in International Tax and Planning

The Internal Revenue Service (IRS) said it will aggressively prosecute people with undisclosed foreign bank accounts.  At the same time, the agency recently announced a program that can help people avoid prosecution and reduce their financial exposure.  David Kohane, a member of the Litigation Department and Jeffrey Schechter, a member of the Tax, Trusts & Estates Department, had an article on the subject published on July 2, 2009 in the “Ask The Experts” column of The Record.  Click here to read the article.

Tags: Foreign Account, IRS
Print:
Email this postTweet this postLike this postShare this post on LinkedIn
Related Posts
Code §962 Election is an Option for GILTI Planning
June 4, 2019
IRS to Close Offshore Voluntary Disclosure Program this September
March 16, 2018
International Tax Reform: Adoption of Territorial System and GILTI Tax
January 31, 2018

About this Blog

This blog seeks to keep you current on the recent developments and strategies available to achieve your business, tax and estate planning goals.

Stay Connected

RSS Facebook LinkedIn Twitter

Topics

Archives

Cole Schotz Blogs

  • Bankruptcy & Restructuring Law
  • Cannabis Law
  • Corporate Law
  • Employment Law
  • Environmental Law
  • Intellectual Property Law
  • Real Estate & Construction Law

Recent Updates

  • Tax Court Shuns Traditional Survey Derived Capitalization Rate Determinations and Champions Reliance Upon The Band of Investment Technique Instead
  • 2022 Changes to Estate and Gift Tax Exclusions
  • “Accidental Americans” Must Pay US Tax on Worldwide Income and Provide Detailed US Tax Reporting
  • Update – New York Power of Attorney Law Goes Into Effect
  • Starting an Active Business in an Opportunity Zone
New Jersey |
New York |
Delaware |
Maryland |
Texas |
Florida
DisclaimerPrivacy PolicyAttorney Advertising
Copyright © 2022, Cole Schotz P.C. All Rights Reserved. Attorney Advertising.
Law blog design & platform by LexBlog LexBlog Logo