IRS Voluntary Disclosure Program

The streamlined filing compliance procedures are available to taxpayers certifying that their failure to report foreign financial assets and pay all tax due in respect of those assets did not result from willful conduct on their part. The streamlined procedures are designed to provide taxpayers certain resolution alternatives depending on their specific circumstances, including a streamlined procedure for filing amended or delinquent returns, and terms for resolving their tax and penalty obligations.

Guillen Pujol CPAs has extensive experience in assisting clients to resolve unreported foreign assets and taxable income, as well as any delinquent tax report. We can work along with your attorneys of preference to prepare all necessary reporting or compliance obligation and/or we can suggest highly experienced tax attorneys with which we have worked successfully in the past.

Certain states also has their own Voluntary Disclosure Programs to resolve their delinquent state tax obligations, and yes we have worked as well in this side for some of our clients.