IRS Seeks to Revive its Voluntary Disclosure Practice

The IRS’s Voluntary Disclosure Practice helps taxpayers fix past non-compliance with protections from prosecution. Due to low ...
JD Supra

IRS Updates Its Voluntary Disclosure Program, And It Includes Crypto

The IRS wants to encourage Voluntary Disclosure participation and reduce Taxpayer uncertainty, but its current Voluntary Disclosure Program is not set up for success according to the 2021 National ...
Accounting Today

IRS reopens voluntary disclosure to fix $1B in ERC claims

The Internal Revenue Service announced Thursday it plans to mail up to 30,000 letters to reverse potentially more than $1 billion in incorrect Employee Retention Credit claims. Processing Content It ...
The National Law Review

We Can Work It Out: IRS Unveils ERC Voluntary Disclosure Program

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...