Tuesday, September 11, 2012

The IRS Pays an Ex-Banker $104 Million Dollars for His Help


The IRS Whistle Blower Program is alive and well and to provide it, they have awarded an ex-banker $104 million dollars for offering up information on people who are classifieds as overseas tax cheats.

And the banker is a former Swiss banker, who himself served prison time for a fraud conspiracy conviction.

To learn the details about this most interesting announcement,click here to read the entire article on the IRS's latest million dollar whistle blower

This incident alone should make offshore account holders aware that the IRS is serious about unreported income, which may be housed in offshore bank accounts.  We cannot stress enough the importance of coming clean about offshore accounts.

It is NOT illegal to have offshore accounts, however, it is illegal, NOT to share this information with the IRS.  Are millions of dollars in taxes saved worth prison time?  Make an appointment with an International Tax Attorney and discuss your options.

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