March 23, 2012
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3:29Now PlayingOct. 15 (Bloomberg) -- Scott Michel, president of Caplan & Drysdale Chartered, talks with Bloomberg's Lori Rothman about the Internal Revenue Service's tax amnesty program.
The IRS has intensified its hunt for secret offshore banking after more than 7,500 Americans revealed undeclared accounts in 70 countries on six continents. Today is the deadline to take advantage of a partial amnesty for disclosing the secret accounts. (Source: Bloomberg)
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