• 2011 Offshore Voluntary Disclosure Initiative Announced by IRS and New Jersey
  • April 26, 2011 | Authors: Melinda Fellner Bramwit; John J. Eagan; R. Nicholas Nanovic
  • Law Firms: Norris McLaughlin & Marcus, P.A. A Professional Corporation - Bridgewater Office ; Norris McLaughlin & Marcus, P.A. A Professional Corporation - Allentown Office
  • Who says the Internal Revenue Service has not been living up to its “kindler and gentler” reputation? Perhaps another view is that the IRS is simply betting on the fact that since 15,000 plus taxpayers came forward in the 2009 Offshore Voluntary Disclosure Initiative (“2009 OVDI”), many more will choose to participate in this second round.