IRS to Provide More Guidance on Duel Citizens with Undisclosed Offshore Accounts
Posted in Offshore Account Update on April 2, 2012 | Share
The Internal Revenue Service’s Senior Counsel in charge of the Offshore Program recently announced that more guidance on duel citizenship and how it will affect undisclosed offshore account holders will be released as supplemental information to the current 2012 IRS Voluntary Disclosure Program. This information will provide US taxpayers, who may hold a duel citizenship, with undisclosed offshore accounts a better understanding of their tax liability.
Now more than ever is the time to hire an experienced Tax Attorney to help you through the 2012 IRS Amnesty Program.
The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through the 2012 IRS Amnesty Program. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!