Thank You

Friends at Moses and Singer

For reminding me of the forms and procedures for declaring off shore accounts to the IRS. There is now a THIRD offshore voluntary disclosure initiative, which means there were two before. Did Romney fill out any of these forms and are they anywhere on file with the IRS? Who is doing a FOIA?
Chris Matthews?


IRS Announces Third OffshoreVoluntary Disclosure Initiative
On January 9, 2012, the IRS announced that it is implementing a third offshore voluntary disclosure program for people with unreported offshore accounts to come into full compliance with their tax obligations. The 2012 Offshore Voluntary Disclosure Initiative (OVDI) offers reduced penalties for taxpayers who failed to report non-U.S. financial accounts and assets on an FBAR (IRS Form TD F 90-22.1—Report of Foreign Bank and Financial Accounts) and who failed to report income from those accounts and assets on their U.S. income tax returns but who come forward before the IRS identifies them. Read More If you have any questions about this Client Alert, please contact the author Gideon Rothschild.
Gideon Rothschildmailto:Rothschildgrothschild@mosessinger.com
212.554.7806


Romney blasts opponents on immigration amnesty but i bet he likes swiss bank account amnesty.