Many US taxpayers still have questions regarding offshore accounts and FBAR filing requirements and compliance. Is there a genuine risk their activities (or lack of compliance) will come to light? The ...

Offshore accounts are appealing to those trying to hide money because they offer banking secrecy in certain jurisdictions, lax reporting requirements compared to domestic accounts, and complex ...

TOKYO (AP) — An investigation published by an international coalition of more than 100 media outlets, based on 11.5 million records of offshore holdings, details how politicians, celebrities and other ...

The IRS today extended the deadline for voluntary disclosures by taxpayers with unreported income from hidden offshore accounts from this Wednesday, Sept. 23, to Oct. 15. The IRS cautioned that there ...

In an era of increasing scrutiny on offshore accounts, the U.S. government has aggressively pursued individuals who fail to disclose their foreign financial holdings. The recent case of U.S. v. Leeds, ...

Tackling the topic of reforming tax code, Chuck Todd spoke to Congressman James Clyburn (D) on Monday morning. Remarking on overseas accounts, Clyburn referred to “despots in foreign countries, ...

The U.S. and other countries around the world are cracking down on offshore accounts in a bid to identify and penalize suspected tax evaders. Other investigations show the U.S. itself has become a ...

Rep. Debbie Wasserman Schultz went after Romney's tax history, and his multiple international bank accounts during her appearance on Fox News Sunday. "I’d really like to see Mitt Romney release more ...