Category Archives: Taxation

Offshore business tax reporting
11/03/2012 - 10:09 AM
1 Comment

IRS Snitch Gets Rich – UBS Whistleblower Receives $104 Million. How much are 40 months of your life, and your dignity, worth? $104 million (or about $4,600 for each hour spent in prison) seems a good answer. As you may have heard, The Internal Revenue Service awarded tax whistleblower and former UBS banker Bradley Birkenfeld
Attack on the Dollar
11/03/2012 - 10:05 AM
0 Comments

U.S. Goes After Cash Transactions The New York Times recently reported that Federal and state authorities are investigating a handful of major American banks for failing to monitor cash transactions in and out of their branches. The government claims that this may have enabled drug dealers and terrorists to launder tainted money, according to officials