Tag Archives: financial-accounts


FBAR’s Due For U.S. Investors in Offshore Hedge Funds

West Palm Beach (HedgeCo.net) – On June 12, three IRS personnel participated in a teleconference designed to address open questions regarding the Report of Foreign Bank and Financial Accounts (FBARs) for calendar year 2008 that must be filed by June […]

IRS Offers Deal to Tax Evaders

New York (HedgeCo.Net) – Wealthy Americans who have been hoarding cash overseas and failing to pay Uncle Sam are getting a break, as the Internal Revenue Service unveils a plan that will greatly reduce their penalties. The idea comes a […]

Microsoft, Yahoo May Join Forces in Search Business

Bloomberg – Microsoft Corp., the software maker that scrapped a $47.5 billion bid for Yahoo! Inc. this month, may forge a partnership with the Internet company in the search- advertising market to challenge Google Inc. Microsoft, which abandoned its takeover […]

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