Overseas Bank Accounts | featured news

(Image from article: "I.R.S. to Offer Deal to Tax Evaders")

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IRS pays whistleblower $104 million

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

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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