The Internal Revenue Service has issued its annual reminder to taxpayers that they report their foreign assets on their individual tax returns due on April 17, 2018. Individuals with offshore
Continue Reading Internal Revenue Service Reminds Taxpayers to Report Offshore Bank Accounts on FBAR Form
Tax Amnesty
New Jersey Announces Possibility of Tax Amnesty
By Fox Rothschild LLP on
The New Jersey legislature may enact a law that would create a tax amnesty program for New Jersey taxes. If enacted, the amnesty program would not exceed 45 days or…
Continue Reading New Jersey Announces Possibility of Tax Amnesty
Pennsylvania to Begin Issuing Penalty Assessments to Taxpayers Who Ignored 2017 Amnesty Program
By Matthew D. Lee on
The Pennsylvania Department of Revenue this week will start mailing “non-participation penalty assessments” to delinquent taxpayers who failed to participate in the 2017 Tax Amnesty program, Revenue Secretary Dan Hassell