Graves Garrett routinely handles civil and criminal tax issues for taxpayers. In addition to our experience in handling complicated tax situations for clients, we routinely attend national tax conferences for top tax attorneys.
The IRS announced it is reopening the voluntary disclosure program for previously undisclosed offshore bank accounts. Unlike the recent 2009 and 2011 voluntary disclosure programs through the IRS, which have closed, this program does not have a deadline. However, the penalty rate may increase and the IRS may discontinue the program at any time.
Our firm has successfully led clients through the voluntary disclosure program, bringing them into compliance with the IRS and avoiding any criminal prosecution. If you or your business have an undisclosed offshore bank account, are facing an audit, or dealing with another serious tax issue, please contact our firm for our advice and assistance.