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IRS and Swiss Banks are Closer to a Settlement on Bank Secrecy

June 23, 2011

For most Americans a Swiss bank account is one of those things that everyone perceives as a sign of wealth and prestige. Keeping your money safe, secure, and most importantly secret, at an office in Zurich or Geneva was supposed to be the pinnacle of security for the funds of the rich. The reason for…

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Some North Carolina Taxpayers Receive False Notice of Back Owed Taxes

March 18, 2011

Raleigh, N.C. (www.wral.com) — Some taxpayers have received notices falsely stating that they owe state taxes for 2008, a spokeswoman for the North Carolina Department of Revenue, Beth Stevens, said Thursday. Stevens said that the notices were sent after the U.S. Internal Revenue Service provided the revenue department with inaccurate data about federal taxable income…

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