A very interesting article about a new voluntary disclosure initiative for companies who have misclassified workers. It is titled Voluntary Classification Settlement Program (VCSP). The program offers reduced penalties for companies who meet certain eligibility requirements. http://www.forbes.com/sites/irswatch/2011/09/29/new-irs-worker-reclassification-program/

https://irstaxlit.wpengine.com/rsstrial.php

An interesting article about IRS initiatives in Switzerland:http://www.bloomberg.com/news/2011-10-24/swiss-banks-said-ready-to-pay-billions-disclose-customer-names.html For U.S. citizens who have an aggregate of $10,000 or more in foreign bank accounts, there is a requirement to disclose this information to the IRS, by filing an FBAR with the Department of Treasury.