IRS Targets 120-Day Tax Disclosure Process: Forbes

Confession May Soon Cost Less: IRS Promises Lower Penalties For Voluntary Disclosure

IRS Targets 120-Day Tax Disclosure Process: Forbes

The IRS is reportedly preparing changes to its voluntary disclosure program, targeting 120-day resolutions, reduced penalties and more flexible payments for taxpayers.

IRS To Cut Penalties, Speed Up Crypto Tax Disclosure Program

The IRS is overhauling its voluntary disclosure program, targeting lower penalties and faster resolution of tax violations, including those involving […]

IRS to Reduce Tax Disclosure Penalties, Including for Crypto: Forbes

The U.S. Internal Revenue Service (IRS) is preparing to revise its voluntary disclosure program, with plans to reduce penalties and speed up case resolution for taxpayers who come forward to address tax noncompliance—potentially including violations involving cryptocurrencies. The development was reported by Forbes, citing comments from IRS Criminal Investigation Chief Jarod Koopman. Koopman said the [...]