By Parag P. Patel, Esq. | Updated December 4, 2018Last 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 ProceduresThe new procedures continue to … Continue reading IRS Updated Voluntary Disclosure Practice is a Game-Changer