FATCA Expected to Make a Big Impact on the IRS’s Efforts to Bring U.S. Taxpayers with Undisclosed Of
The IRS has announced its plan to utilize FATCA in an effort to deter offshore tax evasion. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. taxpayers with undisclosed offshore accounts to come forward now. Washington, DC (PRWEB) December 13, 2012 Internal Revenue Service (IRS) Commissioner Stephen Miller, speaking at the Institute on Current Issues in International Taxation, recently stated that in addition to the Foreign Account Tax Compliance Act (FATCA), the IRS will continue to use all of the enforcement tools available to the IRS to gather information on U.S. taxpay
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