Voluntary Disclosure Renewed for Offshore Cheats

by Linda Beale Voluntary Disclosure Renewed for Offshore Cheatscrossposted with Ataxingmatter In 2009, the IRS provided a generous voluntary disclosure program for people who had money socked into offshore accounts.  See 2009 Voluntary Disclosure Program, IRS. Ordinarily, the taxes, interest (at 20%), accuracy-related penalty (at 20% of the tax liability) and FBAR penalties –at 50% […]