HSBC: Judge Grants ‘John Doe’ Summons for HSBC Undisclosed Offshore Accounts
On April 7, 2011, a Federal Judge signed an Order that gives the Internal Revenue Service the right to serve a summons on HSBC USA. Over the last few months, the US government has come to believe that many unnamed taxpayers have been investing with HSBC India through HSBC USA in order to evade taxes.
US taxpayers should come forward and disclose all previously undisclosed foreign accounts with HSBC before the US government finds them first. What to do?
Hire an experienced tax attorney that specializes in the IRS Voluntary Disclosures now!
Do not wait, the program closes on August 31, 2011.
The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through voluntary disclosure. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!