Author's Score 1.2
2021-02-28 21:41:23As stated by the IRS, taxpayers who have reported and paid tax on all taxable income should not use the voluntary disclosure process. One may ask, shouldn’t this also be the case if the taxpayer failed to report a few dollars of interest income from a foreign account?The penalties is $10,000, per...
2021-02-25 01:08:56 MSSP The Market Phase Specialization Program focuses on creating extremely skilled examiners for a particular market phase. While there are stiff penalties for failing to file the form, these penalties may presumably be waived or reduced based on your particular scenario. As you're taking stock of...
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