Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. The government has long recognized that taxpayers make bad ...

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 ...

The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...

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 ...

A new scheme will allow small taxpayers to declare undeclared foreign assets. This one-time offer covers income or assets up to one crore rupees. Those eligible will pay 30% of the fair market value ...

DS 2026 window is meant for Indian residents who failed to disclose foreign income or assets in earlier ITRs and wish to regularise their position before enforcement begins ...

Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant reduction from the previous 60% rate. Income detected by tax ...

Union Budget 2026 introduces a six-month window for voluntary foreign asset disclosure, helping small taxpayers correct past omissions. Learn more.