Posted by: sbbrown64 | March 22, 2021

The IRS’s Current Voluntary Disclosure Practice by SANDRA BROWN

We are very pleased to announce that Sandra Brown is featured in this month’s Los Angeles Lawyer discussing the IRS Voluntary Disclosure Practice. Check out the current state of the practice and Sandra’s insights.

The tax system of the United States is often described as one of “voluntary compliance.”  However, there is little about the filing of required ax returns and paying amounts legally due that is truly voluntary.  The reality is taxpayers have a “legal duty” to comply with U.S. tax laws and, for those who fail to do so, the federal laws provide the IRS with the ability to pursue the imposition of a wide array of sanctions, including criminal prosecution.

In the article Sandra discusses when taxpayers who are not in compliance should consider the IRS Voluntary Disclosure Practice and the benefits it can provide.

Click Here to read full article.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Categories

%d bloggers like this: