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The IRS’ Voluntary Disclosure Program Is Still Open!

Offshore Account Update

Posted on April 22, 2014 |

The IRS’ Voluntary Disclosure Program is still open. If you are an American Taxpayer and have an undisclosed overseas account, the Internal Revenue Service (IRS) could obtain the account information from any overseas bank that is cooperating with them.

Many foreign banks are now giving the U.S. government information on U.S. Taxpayers with undisclosed overseas accounts in order to avoid severe penalties and/or criminal penalties.

If you are an American taxpayer with undisclosed foreign accounts, now is the time to come forward and get back into compliance before the IRS contacts you. An IRS investigation into you could leave you facing severe civil and /or criminal penalties.

If you have an undisclosed bank account please contact Kevin E. Thorn, Managing Partner of Thorn Law Group, today at (202) 270-7273.

For a consultation, contact Kevin E. Thorn, Managing Partner, at ket@thornlawgroup.com or (617) 692-2989


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