IRS Voluntary Disclosure Program Gets Major Update in 2026 – Clear Start Tax Explains How New Penalty Rules Affect Taxpayers With Unreported Income

Proposed changes replace the 75% civil fraud penalty with 20% accuracy penalties over six years - creating a potential ...
Forbes

IRS Opens Second Version Of Employee Retention Credit Voluntary Disclosure Program

Missed the opportunity to apply for the Employee Retention Credit (ERC) Voluntary Disclosure Program? The IRS is giving you a second chance. The IRS has announced a second ERC voluntary disclosure ...
The National Law Review

IRS Announces Second Voluntary Disclosure Program to Resolve Improper Employee Retention Credit Claims

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
JournalofAccountancy

Businesses with dubious ERC claims have another chance with the IRS

The IRS will reopen its voluntary disclosure program (VDP), allowing businesses to correct questionable employee retention credit (ERC) claims at a discount (Announcement 2024-30). The revised VDP, ...
Forbes

Clock Starts Ticking On Employee Retention Credit Disclosure Program

As the IRS ramped up civil and criminal investigations to fraud linked to the Employee Retention Credit—or ERC—program in recent months, taxpayers, promoters, and tax professionals alike grew ...
Law

DOJ Seeks to Incentivize Corporate Compliance Through Voluntary Self-Disclosure Programs, Including Program for Individuals

In the span of 15 months, the U.S. Department of Justice (DOJ) and certain individual U.S. Attorney's Offices announced no less than six different voluntary self-disclosure or whistleblower policies ...