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GUIDE FOR APPLICANTS Information and Communication Technologies ICT Funding scheme: Coordination and support actions (SA) FP7ICT20118 FET Proactive Further copies of this Guide, together with all
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FET Proactive is a program that allows taxpayers to voluntarily disclose any potential federal excise tax liabilities and correct any errors before they are discovered by the IRS.
Any taxpayer who believes they may have federal excise tax liabilities that have not been reported to the IRS is encouraged to file FET Proactive.
To fill out FET Proactive, taxpayers must provide detailed information about the potential excise tax liabilities, including the type of tax, amount owed, and any relevant supporting documentation.
The purpose of FET Proactive is to encourage taxpayers to come forward and voluntarily disclose any potential excise tax liabilities, thus avoiding more severe penalties if the IRS discovers the errors on its own.
Taxpayers must report detailed information about the potential excise tax liabilities, including the type of tax, amount owed, and any relevant supporting documentation.
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