On May 2, 2023, Michael Sardar presents a webinar entitled "Using the Voluntary Disclosure Process to Bring Taxpayers Back into Compliance" for the CPA Academy. CPE and CE credit is offered for this event.
Description: The IRS’s voluntary disclosure practice provides taxpayers who have previously not complied with their tax and reporting obligations with a pathway back to compliance. The IRS’s voluntary disclosure practice is available to taxpayers whose non-compliance was willful, fraudulent, or even criminal. Under the IRS’s voluntary disclosure practice, taxpayers can avoid criminal prosecution and minimize otherwise applicable civil penalties.
Learning Objectives:
- Determine when a voluntary disclosure is appropriate
- Classify who is eligible to make a voluntary disclosure
- Outline the mechanics of applying for and completing the voluntary disclosure process
- Identify the penalty framework applicable under the current IRS voluntary disclosure practice
Click here for more information and to register.
