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IRS Announces 2011 Offshore Voluntary Disclosure Initiative

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Rashad Wareh
    Rashad Wareh

The Internal Revenue Service (IRS) has announced a 2011 Offshore Voluntary Disclosure Initiative, available until August 31 2011. The previous initiative closed on October 15 2009 with 15,000 voluntary disclosures reported by the IRS. Since then, more than 3,000 taxpayers have come forward to disclose foreign bank accounts. March 3, 2011. Download