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 ...
How many U.S. taxpayers and expatriates may need to file offshore disclosures and FBARs with the IRS? Should those who have not yet filed a disclosure application utilize the VDP (Voluntary Disclosure ...
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 ...
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 ...
The IRS’s Voluntary Disclosure Practice helps taxpayers fix past non-compliance with protections from prosecution. Due to low participation and criticism, the IRS plans to simplify procedures, clarify ...