Posts tagged as:

quiet disclosure

Quiet Disclosure and the IRS Amnesty

by Phil Hodgen, Hodgen Law Group PC on June 26, 2009

If you have: Offshore bank accounts; Unreported foreign income; Foreign corporations you never owned up to; or Foreign trusts that have money in them; and Your paperwork wasn’t done correctly, and/or you didn’t pay the tax you should have, then: This amnesty is for you. The foreign bank account amnesty closes on September 23, 2009. Go [...]

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Quiet disclosures and the FBAR amnesty

by Phil Hodgen, Hodgen Law Group PC on May 31, 2009

One of the ways that taxpayers try to come clean is by way of a “quiet disclosure.” Let’s say you had a problem with some offshore activities. You need to fess up to the IRS in order to sleep well at night. If the amnesty didn’t exist, there would be two ways for you to [...]

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