IRS Amnesty Ends but Undisclosed Account Holders Can Still Voluntarily Disclose, Thorn Comments

Kevin E. Thorn, Managing Partner of Thorn Law Group, counsels U.S. taxpayers with undisclosed offshore accounts that the IRS is still accepting voluntary disclosures of foreign accounts, even though the 2011 Amnesty Program has ended. New York, New York (PRWEB) September 14, 2011 Even though the deadline for the Internal Revenue Service’s 2011 Offshore Voluntary Disclosure Initiative has concluded, U.S. taxpayers with undisclosed offshore accounts still have the opportunity to come forward through the IRS’s traditional Voluntary Disclosure program. Like the OVDI, the traditional Voluntar
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