The Internal Revenue Service has established a special procedure for people whose assets were involved in structuring to request a return of their forfeited property or funds. The new process follows a change of IRS policy on structuring cases in October 2014 and ongoing discussions with members of Congress.
The IRS will begin mailing letters this week to potentially eligible property owners to participate in this initiative. Since 2014, the IRS has already considered a number of petitions from property owners. The new mailing is being taken to ensure that eligible property owners in this category are aware of this option.
Courtesy of IRS
For more information contact Neikirk, Mahoney and Smith at 502-896-2999
No comments:
Post a Comment