Today is the last day for US citizens to voluntarily disclose previously undisclosed offshore accounts.

According to Caribworldnews.com, “Taxpayers wanting to participate in the IRS voluntary disclosure process should call the phone number associated with the state in which they reside. Taxpayers who do not submit a voluntary disclosure run the risk of detection by the IRS and the imposition of substantial penalties, including the fraud penalty and foreign information return penalties, and an increased risk of criminal prosecution”
Here’s some options from an Attorney regarding Asset Protection.