Overseas Bank Accounts, Tax Evasion | featured news

IRS pays whistleblower $104 million

Bradley Birkenfeld

The Internal Revenue Service has awarded an ex-banker $104 million for providing information about overseas tax cheats -- the largest amount ever awarded by the agency, lawyers for the whistleblower announced Tuesday.

 

I.R.S. to Offer Deal to Tax Evaders

I.R.S. to Offer Deal to Tax Evaders

The agency has drafted a plan that significantly lowers a penalty that applies to wealthy Americans who hide money overseas in secret accounts.

 

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