In July 2008, news concerning the DOJ and IRS enforcment action against UBS AG was changing rapidly and difficult to track. Most people in the U.S. were only seeing the U.S. news. Teig, a former adjunct professor of tax research at the University of Miami School of Law, believed that a website was needed to keep the public informed of the U.S news and the Swiss news since the two sides had very different opinions of UBS and bank secrecy. Using his background in research, Teig, developed a method of tracking the latest worldwide news concerning UBS.
Since 2008, the number of offshore banks in the news concerning related to enforcement actions, whistleblowers, indicted bankers, and stolen data, has increased. To keep our readers informed, the news coverage on mytaxlaw.com has also increased. mytaxlaw.com is currently tracking the latest news related to eight offshore banks, the Joint U.S. Korean Tax Investigation, as well as official IRS and DOJ announcements.
Our core belief is that the best decisions are made by the people with the most information. This belief drives us to keep our clients and followers advised of the latest news.
If you have an undeclared offshore account, you should educate yourself regarding the offshore enforcement actions and issues. Use the information you gather to make informed and rational decisions concerning your personal situation. If you cannot decide how to move forward, do not put your head in the sand. Call (305) 576-4242 and request to speak with Teig directly.
The best way to mitigate the uncertainty surrounding a voluntary disclosure is to understand what has happened in prior offshore programs. We have represented numerous clients in the prior programs (2011 OVDI, 2009 OVDP, LCCI, and 2003 OVCI). Let us help you with your voluntary disclosure. We have the offshore disclosure experience you need to protect yourself and your family. Click Here for more information onselecting the right voluntary disclosure attorney.
We currently represent clients in the United States and Internationally. Technology eliminates geographical issues. We offer representation on an hourly or fixed fee basis.
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