The Offshore Disclosure Bait & Switch: Why Trusting the IRS is Dangerous & Getting More So
Understanding Offshore Disclosure: An Overview Offshore disclosure refers to the process where individuals or entities disclose previously undisclosed foreign financial accounts, assets, or income to tax authorities, often in response to legal requirements or amnesty programs. In the United States, this has historically been handled by the Internal Revenue Service (IRS) through various initiatives, including […]