new update

Canada Revenue Agency Voluntary Disclosure Program

Canada Revenue Agency Voluntary Disclosure Program The Canada Revenue Agency’s Voluntary Disclosure Program offers a unique opportunity for a “do over” for individuals who want to correct past mistakes or omissions on their tax returns. The following article summarizes the Voluntary Disclosure Program, including information on who is eligible and certain program limitations. It is…

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new update

Summary of the IRS Voluntary Disclosure and Amnesty Program

Summary of the IRS Voluntary Disclosure and Amnesty Program The following article is a summary of the IRS Voluntary Disclosure and Amnesty program, specifically the new internal guidance procedure targeting those with foreign and offshore accounts. While the majority of this article’s information has been culled from the IRS webpage entitled, Voluntary Disclosure: Questions and…

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