Those of you reading this know that the Voluntary Disclosure Program for people with undisclosed foreign bank accounts is a broken and malignant process. I’ve posted a lengthy post arguing the Voluntary Disclosure Program is off the rails, with a suggestion for how the IRS might make lemonade from its lemons.
As always, comments welcome, and keep reading. I’m putting most of my new stuff on the main site now. It’s simpler than having a bunch of satellite websites.
Happy Friday from rainy Southern California.
/Phil
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