Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

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Posted by taxguru on January 14, 2003

IRS Offers Foreign Credit Card Amnesty

IRS is giving people who have been trying to hide their income through foreign based credit cards a chance to come clean and avoid any of the criminal charges that this kind of scheme is liable for. These people have until this April 15 to voluntarily disclose their participation in this and avoid criminal charges. Just as with any past of our tax system, those who refuse to voluntarily comply will feel the full wrath of the IRS.

KMK

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