Last year, there were increased efforts by federal prosecutors and IRS agents to investigate taxpayers for failing to file Foreign Bank Account Reports (FBARs) and foreign earned income.
In this podcast with Len Schneidman, of counsel in Pepper Hamilton’s Tax practice and resident of Pepper’s Boston office, and Michael Schwartz, a partner in Pepper’s White Collar and Corporate Investigations practice and resident of the Philadelphia office, they discuss one of the tactics of the IRS to recover these outstanding taxes, the Voluntary Disclosure Program.
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(Running Time: 12:54)
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