What is the IRS Offshore Voluntary Disclosure Program and who is it designed to help? What are the guidelines for voluntary disclosure to the IRS and who is eligible to apply? The IRS Offshore ...
The IRS’s Voluntary Disclosure Practice helps taxpayers fix past non-compliance with protections from prosecution. Due to low ...
The IRS today extended the deadline for voluntary disclosures by taxpayers with unreported income from hidden offshore accounts from this Wednesday, Sept. 23, to Oct. 15. The IRS cautioned that there ...
What are the IRS revisions to the Voluntary Disclosure Program for 2024? The foundation of the current IRS Voluntary Disclosure Program (VDP) goes as far back as 2009 when the agency worked to provide ...
Forbes contributors publish independent expert analyses and insights. Guinevere Moore is a civil and criminal tax litigator. Viva, Las Vegas! Every year in December, together with hundreds of my tax ...
WASHINGTON — The Internal Revenue Service today announced that its offshore voluntary disclosure programs have exceeded the $5 billion mark and released new details regarding the voluntary disclosure ...
The deadline for the program, officially called the 2011 Offshore Voluntary Disclosure Initiative, and begun in February, was extended because of Hurricane Irene, until today, Friday, September 9th.
(Reuters) - Bank Leumi, the largest commercial bank in Israel, has urged U.S. clients to disclose information about their accounts to U.S. authorities, who are investigating Leumi and many other ...