Monthly Archives: January 2012

IRS ISSUES SPECIAL ADVISORY REGARDING IDENTITY THEFT

Identity theft has become a major issue for IRS.  When IRS receives a tax return it does not immediately check the wage and withholding information reported in the return with the W-2 Forms filed by the employer with Social Security.  The … Continue reading

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ANOTHER OFFSHORE VOLUNTARY DISCLOSURE WINDOW OPENED BY IRS

On January 9, 2012 IRS announced (IR-2012-5) that it has reopened the offshore voluntary disclosure program to encourage those with still undisclosed offshore accounts to come in from the cold. IRS claims it has collected $4.4 billion thus far on … Continue reading

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