The IRS offshore voluntary disclosure program is something that is pretty new, but is really helping taxpayers. This is a beneficial program that allows you to make good with the Internal Revenue Service on your foreign accounts.
Dealing with offshore bank accounts is getting far more difficult, as a lot of the benefits that you used to be able to obtain from them are beginning to disappear. This includes the fact that you can no longer hide money in these accounts from the Internal Revenue Service to avoid having to pay a lot of taxes out of your own pocket. When you get down to it though if you do get yourself in trouble, you need to go to a lawyer who knows the law, your rights, and what you are entitled to. Finding a lawyer whom you can trust is a great first step so that you can rest easy knowing they will stand by your side and get you a very fair deal with the Internal Revenue Service, rather than having you to lose your fortune. This is very important due to the fact that when this lawyer is up there talking to a judge about you, you need to know his or her personality, and how they are going to represent you.
The IRS offshore voluntary disclosure filing can help you avoid having to pay penalties for failure to report income. Experts at the www.kahntaxlaw.com firm can help you with the proper filing of the IRS offshore voluntary disclosure program