The DOJ's Criminal Division issued three declinations since the issuance of the revised Corporate Enforcement Policy 11 months ago. Review of these cases gives insight into DOJ's implementation of the ...

Dambra, Michael; Schonberger, Bryce; Wasley, Charles. Creating visibility: voluntary disclosure by private firms pursuing an initial public offering. Review of Accounting Studies. Sep2024, Vol. 29 ...

It’s a problem that arises in many companies – you suddenly discover that an export violation may have occurred within your company. It might be a low level violation or it may be a more serious ...

Importing has never been riskier. The combination of a high-tariff environment, increasingly sophisticated data analytics by U.S. Customs and Border Protection (CBP), and a tougher penalty posture by ...

Under its policy of voluntary disclosure, the IRS can forbear from referring for criminal prosecution taxpayers who come forward to admit previously unreported tax liabilities. CPAs may be in a ...

A request for public comment reveals the IRS is considering updates to the Voluntary Disclosure practice. The agency states its “commitment to improve its processes, and to further incentivize ...

The IRS’s Voluntary Disclosure Practice helps taxpayers fix past non-compliance with protections from prosecution. Due to low participation and criticism, the IRS plans to simplify procedures, clarify ...

March 12, 2026 - The U.S. Department of Justice ("DOJ" or the "Department") on March 10 announced a new Corporate Enforcement and Voluntary Disclosure Policy (the "Department-wide CEP" or "Policy") ...