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IRS Extends Tax Amnesty Deadline for Those With Offshore Accounts to Oct. 15

The IRS today (IR-2009-84) extended its amnesty program (see FAQ here) for individuals who have evaded U.S. taxes through offshore accounts for an additional 22 days — to October 15.  So far, more than 3,000 taxpayers have come forward and agreed to pay back taxes, interest, and penalties.  The IRS threatens to bring criminal charges against those who do not come forward by the October 15 deadline.


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