Last Chance: IRS Extends Deadline for Undisclosed Offshore Accounts
Posted on September 28th, 2009 by bunilaw
On September 21, 2009 the IRS announced a one-time extension of the deadline for voluntary disclosures for unreported income from offshore accounts. The deadline has been extended to October 15, 2009. Please note this is not an amnesty program, as it has commonly been referred to in various press. Taxpayers utilizing the program should consult with an attorney.
IRS announcement link: http://www.irs.gov/newsroom/article/0,,id=213463,00.html
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