U.S. taxpayers having undisclosed interests in foreign financial accounts and assets must consult competent professionals before deciding to participate in the SFP, the 2012 OVDP, or some other action designed to come into compliance with their filingandreporting requirements.
Zynga and Pincus are on a major roll, launching successful game after successful game, acquiring companies left and right, reporting record profits, andfiling for an IPO.
For consumers who believe that there is incorrect information on their credit reports or who have an issue with an investigation, before filing with the CFPB, they should first file a dispute and get a response from the consumer reporting agency itself.
After a flurry of activity, many tax-exempts have forgotten about the forms and are now staring down the possibility of loss of status for filing to remain compliant with respect to reporting.