IRS and the Department of Justice continue to obtain detailed account information from foreign banks without foreign banks alerting US taxpayers with undisclosed accounts.

However U.S. authorities continue to aggressively pursue foreign banks allegedly aiding U.S. taxpayers to commit tax fraud.

Any U.S. client who maintains an undisclosed offshore bank account through LLB will have their information turned over to U.S. authorities.

Supplemental information to the current 2012 IRS Voluntary Disclosure Program to be released.

The release of such information will likely contribute to establishing cases against those U.S. taxpayers currently under investigation.