Why Every American Should Worry About Bank Record Subpoenas
- Monday, March 11, 2013, 11:52
- Entrepreneurs
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Few can claim ignorance of the IRS push for full transparency of foreign bank accounts and income. Since the shot heard round the world that brought UBS to its knees, billions in taxes and penalties have been paid. Tens of thousands of U.S. taxpayers sheepishly stepped forward to declare overseas
http://www.forbes.com/sites/robertwood/2013/03/11/why-every-american-should-care-about-bank-record-subpoenas/