Barclays Banking Review - An Unbiased Look At Barclays Bank - Read This method - If you want to be totally safe, hang on to all of your tax-related documents for the past eight years. That's how far back IRS investigators are allowed to go under this program. If you can't prove that you did everything right, the IRS isn't going to take your word for it.There could be some small iota of truth to Snipes saying Kenneth Starr is lying about telling him to pay his taxes, if not for something Snipes himself did. For a man who insists he didn't know he was doing anything wrong, then why did Snipes hide the almost $3 million he was supposed to pay the IRS in taxes in - explanatory resumes - and sham companies.? Only a guilty man tries to cover up after himself and Snipes certainly ran around doing a lot of "covering up" for a man who didn't know what he was doing was wrong. And that's the action that's going to burn him.Websites that offer to open an offshore banking account in some foreign tax shelter for a specific amount of fee. Most of these would promise to open the account in jurisdictions where there is a demand-supply gap. Not all of these are scams and many of these would save you a lot of time and effort from your part in the preparation of correct documents.High volume merchants profess that the new account has helped them save thousands of dollars per year, with discounts and promotions. Moreover, if your business is considered high risk and you're enrolled in an offshore banks, you get the privilege of reduced tax and non-governmental interference.It's worth the cost - It does cost a couple of hundred dollars to open up an offshore bank account, but you have to consider what it is you are protecting. If you're protecting tens of thousands or even hundreds of thousands of dollars, then the cost of the account is definitely worth plan, new tax law, avoid taxes