As more taxpayers with undisclosed offshore accounts are being indicted by the Department of Justice, Attorney specializing in offshore accounts tax law would like to emphasize the opportunity furnished by the New Amnesty Program for those who have yet to come forward in order to avoid criminal prosecution which may include excessive financial penalties and incarceration. With the launch of the 2011 Offshore Voluntary Disclosure Initiative ("OVDI"), the Internal Revenue Service and the Department of Justice have been taking strides to move forward with all undisclosed offshore account cases. According to law firms that represents taxpayers throughout the U.S. and around the world with undisclosed offshore accounts, there is an expectation in the next few months that the government will indict other taxpayers with undisclosed offshore bank accounts at UBS and other international banks around the world. This is only the beginning." According to the Department of Justice, on December 17, 2010, another undisclosed UBS account holder, Arthur Joel Eisenberg, pled guilty in a federal court in Seattle, Washington. Eisenberg was charged with willfully filing a false tax return and failure to disclose an interest bearing offshore account. In addition to incarceration, Eisenberg paid a $2.1 million penalty for failing to file a Report of Foreign Bank and Financial Account Forms (better known as "FBARs"). Taxpayers with undisclosed offshore bank accounts need to understand the pressure will only intensify going forward as the government obtains more information from banks and often from other taxpayers who have already come forward, their ability to mitigate financial and criminal exposure decreases. I believe this is the perfect time for taxpayers with undisclosed accounts to take advantage of the Internal Revenue Service's New Amnesty Program for undisclosed offshore account holders." The Internal Revenue Service is unrelenting in the pursuit of this matter as it represents a major pre-meditated defiance of the laws of the United States which will no longer be tolerated. Undisclosed offshore banking account holders should come forward before the government brings either civil audits or criminal charges against them which can result in significant financial penalties and the possibility of incarceration. Immediate action and experienced tax law representation is needed to voluntarily disclose your account in order to avoid criminal prosecution. The IRS has made every effort to provide ample opportunity for Undisclosed Offshore Account Holders to come forward over the past year and, although undetermined at this time, it is highly unlikely that another window of opportunity will occur after this IRS Voluntary Disclosure program ends.
Tidak ada komentar:
Posting Komentar