The IRS Amnesty program applies to any US citizen or resident who has not properly disclosed foreign entities and accounts in any foreign country, even if the failure to make the disclosure was inadvertent.

Anyone who may have missed a filing requirement should consult with an advisor who is experienced with foreign filing requirements and the IRS's voluntary disclosure practice as soon as possible. At BPM contact, Kent Lawson at klawson@bpmcpa.com or Inna Merzheritsky at imerzheritsky@bpmcpa.com

The deadline for participating in the program is October 15, 2009. For more detail about the program, please click here .

Kent Lawson’s Bio		Inna Merzheritsky’s Bio		Doug Wright’s Bio
Articles & Resources:
IR-09-84, IRS Extends Deadline for Disclosing Hidden Offshore Accounts		New IRS Amnesty Program for Reporting for Foreign Entities and Foreign Accounts		Statement from IRS Commissioner		IRS pulblished FAQs Related to the New Amnesty Program
Memorandum on Routing of Voluntary Disclosure Requests		Memorandum on SB/SE and LMSB Offshore Examination Cases		Memorandum Authorizing Application of Penalty Framework		IRS Foreign Bank Accounts Disclosure Forms
30 Potential IRS Interview Questions during Voluntary Disclosure Proceedings		Offshore Misdoings, Repentance, and the US IRS		Most Commonly Missed International Tax Forms		September 23 Deadline for Some FBAR Filers
Voluntary Disclosure Optional Format Letter		Three Fiscal Years Trends in Investigations