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Tax Evaders Flock to IRS to Confess Their Sins

July 30, 2009

Wall Street Journal

Wealthy taxpayers have inundated the Internal Revenue Service in recent weeks with requests to come clean for past tax evasion, amid a government crackdown on undeclared income from overseas accounts.

The volume has been so great that Wednesday, the IRS issued a streamlined, three-page form for taxpayers seeking entry into its temporary voluntary-disclosure program.

Continue reading at WSJ.com

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