U.S. and Swiss reach deal to end bank secrecy and disclose U.S. account holder information! IRS voluntary disclosure needed to avoid penalty
Yesterday, U.S. and Swiss authorities announced a deal that will officially end the long tradition of Swiss bank secrecy for countless Americans with undisclosed Swiss bank accounts. On August 29, 2013, the U.S. Department of Justice (DOJ) released a Joint Statement between the U.S. Department of Justice and the Swiss Federal Department of Finance outlining the details of the agreement.
Now is the time to enter into the IRS Voluntary Disclosure Program before it is too late!
The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through the IRS Amnesty Program. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!