Foreign Bank

Did you receive a letter from your Foreign Bank?

Well… it might be your last chance to clean up the mess!

Foreign banks and foreign financial institutions are rapidly sending letters to account holders that are U.S. persons requesting information to determine whether such account holders have disclosed their foreign accounts to the Internal Revenue Service (“IRS”) and have complied with the appropriate U.S. laws. The receipt of these letters creates fear, anxiety, and questions for those that have received them.