USA Today: American tax-evaders who have used offshore bank accounts have more time to voluntarily disclose assets under an extension of an IRS amnesty program.
The leniency program, originally due to expire Wednesday, will continue until Oct. 15, said government officials with direct knowledge of the decision. The officials were granted anonymity because they weren’t authorized to discuss the issue before the announcement.
See also “IRS Announces Reduced-Penalty Program for Taxpayers Who Voluntarily Disclose Offshore Accounts.”
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