Obama, Congress Moves to End Overseas Tax Havens
Wednesday, March 4, 2009 7:09 PM
By: Dave Eberhart

Internal Revenue Service Commissioner Douglas Shulman is warning cheating U.S. taxpayers hiding income in secret Swiss accounts to beware – the new administration in town is closing in.

Shulman issued his warning during testimony Wednesday afternoon before the U.S. Senate Committee on Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations. “The pressure will only increase,â€