NEW YORK, NY--(Marketwire - October 14, 2009) -
David Gannaway, director in Marks Paneth
& Shron's
Litigation and Corporate Financial Advisory
Services Group, has published an article in the September 2009
issue of
Financial Fraud Law
Report, advising both taxpayers and their professional counsel on
best approaches to disclosing their offshore holdings.
In the face of an ongoing revenue drive by the U.S. government and overseas
banks now revealing the names of U.S. account holders, it is critical that
U.S. taxpayers get smart guidance on disclosing their offshore holdings to
the IRS.
In the article, Mr. Gannaway:
- Discusses how professionals can take the lead in guiding their clients
toward legitimate tax minimization and away from fraud.
- Provides guidelines for taxpayers on identifying the best advisors for
the challenging disclosure process.
The full text of the article can be found at:
http://www.markspaneth.com/Publications_Detail.php?ID=570&Hash=bc871479e622
2788f90197f3d77cbaf2c18a1958.
To speak with David Gannaway or another member of the MP&S Foreign
Disclosure team, please contact Adria Greenberg at 212.255.8386 or via
email at
adria@sommerfield.com.
About MP&S
New York City-based accounting firm
Marks Paneth & Shron LLP (MP&S),
has a team dedicated to offering services for U.S. taxpayers disclosing
foreign accounts at UBS AG and other foreign banks. The firm has extensive
experience in working with high-net-worth individuals and international tax
issues, as well as in forensic accounting, litigation support, and
negotiating with government agencies. For more information please visit
http://www.markspaneth.com/.
Contact Information: Contact:
Adria Greenberg
Sommerfield Communications, Inc.
212-255-8386
adria@sommerfield.com