Irs Set to Act On Tax-Dodger Swiss Accounts -- Amnesty Lets Evaders Prevent Prosecution

Summary


WASHINGTON - A deal with Switzerland settling U.S. demands for the names of suspected tax dodgers from a Swiss bank has a lot of wealthy Americans with offshore accounts nervously running to their tax advisers - and the Internal Revenue Service.

"They are very frightened," said Richard Boggs, CEO of Nationwide Tax Relief, a Los-Angeles-based tax firm that specializes in clients with tax debts exceeding $100,000.

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Irs Set to Act On Tax-Dodger Swiss Accounts -- Amnesty Lets Evaders Prevent Prosecution

The U.S. and Swiss governments announced a court settlement last week in efforts by the IRS to force Zurich-ba...

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