Using Voluntary Disclosures To Correct Tax Problems

Last updated on April 28, 2026

Coming forward about a tax issue is intimidating. You may worry about penalties from the IRS or the criminal justice system. If you are thinking of making a voluntary disclosure to correct tax problems, you can level the playing field by getting a tax lawyer on your side.

At Chisholm Law Group, LLC, in Bethesda, we represent Maryland businesses and individuals caught up in tax controversies. Founded in 1986, our small firm brings together decades of experience and detailed knowledge of state and federal tax codes. We protect you as you come forward with voluntary disclosures and safeguard your rights until we find a solution.

What Voluntary Disclosure Means For You

A voluntary disclosure is when you come forward to the IRS or the state tax agency to report tax problems before they discover them. Both federal and state agencies offer voluntary disclosure programs. Federal programs are run by the IRS, while Maryland has its own set of rules and procedures. Each program has its own requirements and deadlines. The processes may include:

  • Reporting unfiled tax returns
  • Correcting mistakes
  • Revealing previously unreported income
  • Disclosing offshore accounts

You may be eligible if you have not been contacted by the IRS or the Maryland Comptroller about the issue. The main benefit of making a voluntary disclosure is that you show you are willing to correct the problem, which can lead to a better outcome. Acting before you are contacted by tax authorities is the best way to protect yourself.

Reducing Penalties With Skilled Legal Guidance

The consequences for tax problems can be harsh. They may include:

  • Fines
  • Interest
  • Criminal charges

Tax authorities frequently offer lighter penalties as an incentive for voluntary disclosure. By working with an attorney or lawyer from our firm, you improve your chances of reducing your consequences. We help you prepare disclosures, communicate with tax authorities and craft a smart plan to protect your future.

Come Forward With Assistance From Our Tax Attorneys

You do not have to face tax problems alone. Our team will review your situation, explain your options and stand by your side every step of the way. Call our law office at 844-991-1392 or email us to schedule a consultation.