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Internal Revenue Service FLIP Questionnaire Send to: Attn: Lillian Frey at IRS Brookhaven Employment Office By Fax (include your name on each page): 631-447-4855 By E-mail: HBO.bark.employment IRS.gov

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What is internal revenue service fcip?

The Internal Revenue Service FCIP (Foreign Compliance Information Program) is a program designed to encourage taxpayers to come forward and voluntarily disclose offshore accounts and assets that were previously undisclosed.

Who is required to file internal revenue service fcip?

Taxpayers who have offshore accounts or assets that were previously undisclosed are required to file under the Internal Revenue Service FCIP program if they wish to voluntarily disclose this information to the IRS.

How to fill out internal revenue service fcip?

To fill out the Internal Revenue Service FCIP, taxpayers need to follow the guidelines and instructions provided by the IRS. This typically involves completing specific forms, providing necessary documentation and information about the undisclosed offshore accounts or assets.

What is the purpose of internal revenue service fcip?

The purpose of the Internal Revenue Service FCIP is to encourage taxpayers to come forward and voluntarily disclose offshore accounts and assets that were previously undisclosed, thus promoting compliance with U.S. tax laws and regulations.

What information must be reported on internal revenue service fcip?

Taxpayers are required to report information about their undisclosed offshore accounts and assets, such as account numbers, financial institutions, income generated, and any relevant documentation necessary to support their disclosure.

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