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April 2009 – IRS Extends Its Hand to Taxpayers and Once Again Reaches Deep into Our Pockets

February 14th, 2013

Several years ago the Justice Department subpoenaed names of Americans who had Visa and MasterCard accounts with offshore banks. The IRS then offered these taxpayers a choice, come forward voluntarily and we will waive criminal prosecution and some monetary penalties, or wait until we get to you and then take the risk of criminal penalties.

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