What are the Risks of Using the IRS’ Voluntary Disclosure Practice?
Posted in News, Offshore Account Update on July 31, 2020
The IRS’ Voluntary Disclosure Practice is a “compliance option” for U.S. taxpayers who are at risk for federal prosecution due to the commission of tax crimes and certain tax-related offenses. If you believe that you may be guilty of a federal crime, taking advantage of the Voluntary Disclosure Practice could be a good option. However, there are major risks involved in voluntarily disclosing criminal activity to the IRS; and, in order to protect yourself, you will need to rely on the advice of an experienced Maryland voluntary disclosure attorney.Read More