It’s Not Too Late to Enter the IRS’ Voluntary Disclosure Program!Offshore Account Update
Posted on April 20, 2014 | Share
If you have an undisclosed offshore account, the Internal Revenue Service (IRS) could obtain the account information from a Swiss bank or any foreign bank that is cooperating with them.
Many overseas banks are now giving the U.S. government information on U.S. Taxpayers with undisclosed overseas accounts in order to avoid severe penalties.
An IRS investigation into you could leave you facing severe civil and/or criminal penalties.
If you are a U.S. taxpayer with undisclosed offshore accounts, now is the time to come forward and get back into compliance before the IRS contacts you.
If you have an undisclosed account please contact Kevin E. Thorn, Managing Partner of Thorn Law Group, today at (202)270-7273.