IRS FBAR Voluntary Disclosure Program: Taxpayer Interviews –http://t.co/oXpq4MJkCu – article not relevant to #americansabroad
— U.S. Citizen Abroad (@USCitizenAbroad) June 13, 2013
#IRS hates quiet disclosures and they really mean it http://t.co/ZIYvQE4lJC – But, what is "quiet disclosure" within the meaning of #OVDP
— U.S. Citizen Abroad (@USCitizenAbroad) June 14, 2013
The second tweet references a very interesting post by Roy Berg.
What’s the big deal?
Ever since the GAO Report on the IRS and the OVDP program there has been concern that those who came into compliance outside OVDP – meaning through “quiet disclosures” – are headed for trouble.
What is a “quiet disclosure”?