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What is the Automatic Exchange Of Information (AEOI)?

The Automatic Exchange Of Information is an agreement among governments around the world to share non-resident financial account information to reduce the possibility and...
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UBS Swiss Bank
Taxes

UBS Settles Tax Evasion Case with U.S. Government

The nation of Switzerland has always been one of the prized goals for many of the world's leading tax evasion lawyers and investigators. In...
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Tax Evasion
Taxes

What is Tax Evasion? [Definition, Penalties & Examples]

Tax evasion is illegal. U.S. citizens can go to jail and also be charged with substantial penalties for this crime. That's why it is...
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Know About the Tax Withholding Rules of Your IRA
Taxes

Know About The Tax Withholding Rules Of Your IRA

It would be best to make sense of IRA rules regarding how much tax to withhold from ira withdrawal. The IRS typically requires that...
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6 Mistakes To Avoid When Filing Cryptocurrency Taxes
Taxes

6 Mistakes To Avoid When Filing Cryptocurrency Taxes

While advances in technology have reduced the likelihood of making errors when filing your cryptocurrency taxes, there’s still the possibility that you’ll make a...
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Tax Havens and Wealth
Taxes

What is a Tax Haven? [How They Work & List of Countries]

Taxation laws and requirements vary dramatically by country, and this variation has created the framework for tax havens. A tax haven is a country...
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Maximize Tax Deductions
Taxes

Maximize Tax Deductions With These 7 Expert Tips

Taxes may feel like a heavy burden, but they're an integral part of any functioning economy. Each year, you're likely to fork out some...
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Can You Go to Jail for Not Paying Taxes
Taxes

Can You Go to Jail for Not Paying Taxes? Facts & Fixes

Let’s answer the question directly: Can you go to jail for not paying taxes? Yes—but only in specific situations that involve willful wrongdoing. Most...
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What You Should Know About Tax Settlements
Taxes

What You Should Know About Tax Settlements

Paying taxes can be cumbersome to most people, more so if they have been unable to do so for the past couple of years,...
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What Is A Tax Levy
Taxes

What Is A Tax Levy? All You Need To Know About Tax Levies

In case you owe taxes to the government, the Internal Revenue Service (IRS) may pursue the collection of those taxes.  One of the ways the...
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