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 ...
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 ...
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 ...
WASHINGTON, DC - APRIL 15: The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC. April 15 is the deadline in the United States for residents to file their income tax ...
What are the risks of an IRS quiet disclosure? Is there a formal IRS process known as a "quiet disclosure," and does the IRS honor this strategy for amended tax returns? There is reason to be ...
Because of the potential impact of Hurricane Irene, the Internal Revenue Service has extended the due date for offshore voluntary disclosure initiative requests until Sept. 9. The original deadline ...
(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 ...
The information below includes questions that IRS Criminal Investigation special agents have asked some taxpayers participating in the IRS Offshore Voluntary Compliance program. Practitioners might ...
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.
Remember Beanie Babies? While it turns out that the toys were worthless for some of their collectors, the guy who created them has done pretty well for himself. That is, until the U.S. began a ...