by Phil Hodgen, Hodgen Law Group PC on January 22, 2010
Tax Notes Today has an article (2010 TNT 13-6) reporting on a Federal Bar Association Tax Section meeting on January 20, 2010, attended by practitioners and government folk. Key points that jumped out at me:
Small number of criminal prosecutions (so far)
There are approximately 150 Department of Justice investigations from the UBS situation, and about [...]
by Phil Hodgen, Hodgen Law Group PC on January 22, 2010
Rudolf Elmer. He’s a former Swiss banker, worked for Bank Julius Baer. Leaked a bunch of documents to www.wikileaks.org. Now planning to go have a chat with the German tax authorities and spill a few more beans. From the article:
[Rudolf Elmer] said that he would fly on Tuesday to Düsseldorf, Germany, [...]
by Phil Hodgen, Hodgen Law Group PC on January 12, 2010
The IRS has added two more questions and answers to the Voluntary Disclosure Program FAQs on its website. They were added January 8, 2010.
Here are the questions for your reading pleasure. There is a quiz at the end of class today.
Questions and answers 53 and 54 were added January 8, 2010.
Q 53. [...]
by Phil Hodgen, Hodgen Law Group PC on January 12, 2010
Yeah the Swiss courts said “Silly bureaucrats, you shouldn’t have violated Swiss banking laws when you gave names to the IRS.” Latest post on this over at the main blog.
Chum. Two hundred fifty human pieces of chum.
by Phil Hodgen, Hodgen Law Group PC on January 11, 2010
For all of you out there who are in the amnesty program for undisclosed offshore accounts, there is a deadline — this Friday. You have to get your second letter to Criminal Investigations by this Friday or the IRS will kick you out of the program.
The letter you have to submit is [...]
