ACA Writes to Congressional Panel on Tax Abuse
ACA has written to the Congressional Panel Investigating recent IRS abuse about the 2009 Overseas Voluntary Disclosure Program (OVDP) and the targeting of Americans overseas for penalties who were simply ignorant of their filing responsibilities and were not hiding assets or involved in criminal tax evasion. Many of these benign actors were assessed criminal tax evasion penalties for simply having forgotten to report accounts on annual FBARs. This when the IRS had discretion to review cases and determine those who were acting willfully and non-willfully. The ACA Press Release is here as well as a copy of the letter to the Congressional Panel.
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