Baker Law Firm
Contact Us 203-648-4737
24 Delay Street, Suite 1, Danbury, CT 06810

June 2015 Archives

FATCA disclosures on the rise, 50 percent penalty applies for more Swiss banks

More Swiss and other non-U.S. banks continue to cooperate with the U.S. government under the Foreign Account Tax Compliance Act, and American taxpayers with offshore accounts should be sure to take action now to come into tax compliance. Hesitating could lead to criminal prosecution and heavy civil penalties.

IRS cases involving allegations of tax fraud and tax evasion often complex

No one enjoys paying taxes or dealing with the dreaded Internal Revenue Service. To make the process less painful, some individuals may seek the advice of a tax professional or accountant and others may take matters into their own hands. While there are ways to legally lower one's tax liabilities, the IRS may consider some practices to be questionable or even illegal.

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24 Delay Street
Suite 1
Danbury, CT 06810

Phone: 203-648-4737
Fax: 203-791-1892
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