Offshore Tax Evasion

Offshore Tax Evasion

Posted on

According to the GAO, the IRS offshore programs have resulted in more than 39,000 disclosures by taxpayers with over $5.5 billion in revenues. For their report, see Offshore Tax Evasion: IRS Has Collected Billions of Dollars, but may be missing continued evasion This is also a reminder that FBAR filings are due June 30, 2013.  

Source: GAO

About the Author

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

More Insights from Keiter CPAs

The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


How Can We Help You and Your Business?

Innsbrook Corporate Center
4401 Dominion Boulevard
Glen Allen, Virginia 23060

804.747.0000 or 804.273.6200