Tax Domestic Voluntary Disclosure Program

You are reviewing your client’s documents and you realize that they may have intentionally underreported income or overstated expenses. What do you do?

Join Andrew Marshall, IRS Examination Technical Liaison, Office of Systemic Advocacy, as he discusses situations in which this can arise, what types of disclosures can be made, such as“loud” vs “quiet,” entity issues, and state issues that may arise.