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Hiding Foreign Income Increases Likelihood of IRS Audit

Hiding Foreign Income Increases Likelihood of IRS Audit

by bayonetta | Jan 24, 2013 | Information, Reminders

In 2007, a whistleblower at a major bank in Switzerland disclosed to the IRS millions of dollars in assets belonging to U.S. citizens that were never properly disclosed. This led, in 2009, to one of the biggest settlements in IRS history. Since then, the IRS has been...

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