The IRS Streamlined Disclosure Program: Expert Insights on Non-Willfulness Certification

https://www.irsmedic.com/offshore In this informative video, renowned Tax Attorney Anthony E. Parent, Esq. shares his invaluable insights gained over 10 years of experience in certifying non-willfulness for the IRS streamlined disclosure program. The purpose of this discussion is to help individuals avoid the severe foreign reporting penalties associated with various IRS forms such as the FBAR, Form 5451, Form 8938, Form 3520, Form 3520-A, Form 926, and others. Guest speakers Keith Redmond and John Richardson join Anthony in this in-depth analysis where they address the confusion within the tax industry regarding the interpretation and application of the law. They delve into the risk-creation process when clients are involved in problematic scenarios and the prevailing disdainful attitudes of some industry professionals towards their clients, underlining a profound lack of understanding and empathy. The key highlight of this video is Anthony's explanation of the essential criteria required for a client to be deemed willful by the IRS, which includes the necessity for circumstantial evidence that explicitly substantiates a willful intent. He also elaborates on the concept of non-willfulness in scenarios involving compliance rights or previously filed streamlined disclosures. This video is a must-watch for anyone seeking clarity on the complexities of the IRS streamlined disclosure program and the concept of non-willfulness.