Voluntary Disclosure Program News Today

What do you need to know about the IRS updated Streamlined Filing Compliance Procedures or "Streamlined Procedures?" Are you concerned about unreported or under-reported offshore...

The IRS recently issued a news release outlining potential warning signs for businesses to use to determine whether their Employee Retention Credit ...

The Internal Revenue Service (IRS) has announced that its compliance efforts have protected over $1 billion in revenue since last fall, focusing on erroneous Employee Retention Credit (ERC) claims.

Have you fallen behind on filing your tax returns? Whether youre behind one year or several, financial columnist Christopher Liew has some tips for those stressed out about where to start.

Have you fallen behind on filing your tax returns? Whether youre behind one year or several, financial columnist Christopher Liew has some tips for those stressed out about where to start.

From 1985 through 2008, he held funds in various Swiss bank accounts, often under pseudonyms or nominee entities.

In tax circles, considerable attention has been focused on employers' claims for entitlement to the Employee Retention Credit ("ERC"), sometimes...

Between the entertaining videos and the confident delivery from self-described experts, finding advice on TikTok is both easy and potentially risky, experts say.

On December 21, 2023, the IRS announced the Voluntary Disclosure Program, its latest step to protect the integrity of ERC and safeguard the funds allocated for economic relief during the pandemic.

Taxpayers who filed for the ERC may face a March 22nd Deadline on applying for the IRS Voluntary Disclosure Program. Taxpayers need to ensure they qualify for the ERC.