Quiet Disclosure: When a taxpayer is out of compliance for not previously disclosing offshore accounts, assets, investments or income, the IRS deems them out of offshore compliance (aka non-compliant).

These taxpayers may be tempted to gamble their tax future by making a Quiet Disclosure or Silent Disclosure. By making a quiet or silent disclosure, the taxpayer is risking significant fines and penalties, along with a possible criminal investigation and prosecution.

Learn more about the dangers of making a quiet disclosure to the IRS.

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