http://www.china-briefing.com/news/2009/07/08/annual-filing-of-foreign-bank-account-reports-for-us-taxpayers.html Fri, 10 Feb 2012 06:20:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.china-briefing.com/news/2009/07/08/annual-filing-of-foreign-bank-account-reports-for-us-taxpayers.html/comment-page-1#comment-25142 Dennis Brager, Esq. Wed, 08 Jul 2009 19:26:05 +0000 http://www.china-briefing.com/news/?p=3845#comment-25142 Good summary of the draconian results which can occur for non-filers. The IRS has instituted a tax amnesty under which no criminal penalties will be imposed, and much reduced civil penalties will be available. The program is only available through Sept. 23, 2009 so there is not much time left. Good summary of the draconian results which can occur for non-filers. The IRS has instituted a tax amnesty under which no criminal penalties will be imposed, and much reduced civil penalties will be available. The program is only available through Sept. 23, 2009 so there is not much time left.

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