In the News

IRS squeezes Swiss bank clients for evidence

Associated Press (March 26, 2009); Asbury Park Press (March 27, 2009)

March 26, 2009

Lawrence S. Horn was interviewed about the increased pressure on American's by the IRS to provide information about their secret Swiss bank accounts. According to this Associated Press article, "Lawrence Horn, a New Jersey lawyer who also represents Swiss bank clients, agreed that the demands for information have increased markedly as the government continues its legal fight over Swiss bank secrecy." The article continues, "The procedure used to be, 'You show me a little, I'll show you a little,'" said Horn. "Now they want information up front. They're asking specific questions about when an account was opened, who helped you open it, and if a law firm was used to open it."