IRS Updated Voluntary Disclosure Practice is a Game-Changer
Last week the IRS released a memorandum with new procedures for an “Updated Voluntary Disclosure Practice” impacting all voluntary disclosures. The new updated voluntary disclosure practice (VDP) is a game-changer for offshore voluntary disclosures for US persons with unreported foreign assets. The Updated VDP Procedures The new procedures continue to provide taxpayers an ability to come into … Continue reading IRS Updated Voluntary Disclosure Practice is a Game-Changer
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