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For those of you who missed the last US tax amnesty program that ran for most of 2009 (it ended Oct. 15, 2009), the IRS has a sequel.

http://online.wsj.com/article/SB10001424052748704364004576132431503110852.html

The IRS claims they had a much higher response in Amnesty I then they predicted and took in USD 400 million as a result. If they find you before you come forward, penalties are draconian, possible including jailtime.

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