What Is Voluntary Disclosure | Forms 8938/3520/5471 скачать в хорошем качестве

What Is Voluntary Disclosure | Forms 8938/3520/5471

A voluntary disclosure occurs when a taxpayer provides information that is truthful, timely, and complete. In the event of a disclosure, a taxpayer must cooperate with the IRS to determine your correct tax liability and make arrangements to pay the IRS in full. Our video will discuss the types of underreporting that can happen along with potential strategies to use to tackle your problem! Get more information about the topics that affect you! 🌎Website - https://askfrost.com 💼LinkedIn -   / frost-&-associates   📘Facebook -   / frosttaxlaw   🐤Twitter -   / irstaxissues   Chapters: 0:00 – Intro 0:29 – Types of Underreporting 2:41 – Criminal vs Civil cases 4:12 – Potential Strategies 5:00 – Streamlined Procedures 6:00 – IRS’s Reaction to these Programs 7:00 – Delinquent Submission Procedures 7:18 – Delinquent FBAR Submission Procedures 10:15 – Quiet Disclosures 11:55 – Examples 15:20 - Outro Resources: Form 114 - https://bsaefiling.fincen.treas.gov/N... Form 8938 - https://www.irs.gov/forms-pubs/about-... Form 3520 - https://www.irs.gov/forms-pubs/about-... Form 5471 - https://www.irs.gov/forms-pubs/about-... Voluntary Disclosure - https://www.irs.gov/compliance/crimin... Streamlined Filing Compliance Procedures - https://www.irs.gov/individuals/inter... Delinquent FBAR Submission Procedures - https://www.irs.gov/individuals/inter... Delinquent International Information Return Submission Procedures - https://www.irs.gov/individuals/inter... About Frost Law: Frost Law is comprised of skilled tax attorneys, business attorneys, litigation attorneys, estate attorneys, Certified Public Accountants, Certified Financial Planners, and other tax professionals. We have been serving clients across the country and abroad. We have office locations on the East Coast in Maryland, Virginia, Washington, D.C., Pennsylvania, Florida and serve clients internationally. DISCLAIMER: This video is not legal or tax advice. Talk with a professional about your situation before making any legal or financial decisions. #FrostLaw #VoluntaryDisclosure #Form3520