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202-349-4033


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Get Help Now: 202-349-4033

News & Events

Archive by Year:2009 - Page 4

IRS Extends Offshore Voluntary Disclosure Deadline

Articles & Publications, News

Posted in on September 22, 2009

"The IRS on September 21 announced it is extending by several weeks - from September 23 until October 15 - the filing deadline for taxpayers with offshore accounts who want to take advantage of the Service's special voluntary disclosure program."

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IRS Extends Offshore Amnesty Program Deadline to October 15

Articles & Publications

Posted in on September 21, 2009

On September 21, 2009, the IRS announced that it extended the deadline until October 15, 2009 for U.S. taxpayers with previously undisclosed offshore accounts to come forward and participate in the IRS Offshore Settlement Initiative Program.  This means U.S. taxpayers with accounts in foreign bank accounts now have just over 3 weeks to make a voluntary disclosure of their accounts to the IRS or risk facing increased monetary penalties—which can exceed the value of the account—and potential criminal prosecution. 

 

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IRS Extends Offshore Amnesty Program Deadline to October 15

Press Releases

Posted in on September 21, 2009

On September 21, 2009, the IRS announced that it has extended the deadline until October 15, 2009for U.S. taxpayers with previously undisclosed offshore accounts to come forward and participate in the IRS Offshore Settlement Initiative Program.  DC tax attorney Kevin Thorn of Thorn Law Group, PLLC said the extension is welcome, but cautions “taxpayers should not wait another three weeks to decide to come forward.”    

 

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IRS Offshore Account Voluntary Disclosure Program Closing in One Week: U.S. Aggressively Pursuing Information from Other Countries

Articles & Publications

Posted in on September 16, 2009

With the September 23rd IRS offshore account voluntary disclosure initiative deadline less than one week away, U.S. authorities have been very busy negotiating agreements with other counties that will make it easier for the U.S. to identify and prosecute U.S. taxpayers hiding money and assets overseas.

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U.S. Aggressively Pursuing Taxpayer Information from Other Countries

Offshore Account Update

Posted in on September 15, 2009

U.S. authorities have been very busy negotiating agreements with other counties that will make it easier for the U.S. to identify and prosecute U.S. taxpayers hiding money and assets overseas.

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