The report goes on the detail other taxpayer concerns including taxpayer identity theft, tax return preparer fraud, high rates of targeted audits and problems with the Offshore Voluntary Disclosure program.

FORBES: Tax Code Hits Nearly 4 Million Words, Taxpayer Advocate Calls It Too Complicated

The IRS has announced that if you fail to notify the Justice Department of a foreign appeal as required, you will not be eligible for the Offshore Voluntary Disclosure Program (OVDP).

FORBES: IRS Offers Carrot And Stick For Offshore Disclosures

Some have gone so far as to suggest that Governor Romney may have failed to disclose that account on his original returns and cured that deficiency by participating in the 2009 IRS Offshore Voluntary Disclosure Program.

FORBES: What Does The Flap Over Romney's Tax Returns Suggest About Disclosure of His Swiss Account?

On February 8, 2011, the IRS announced the 2011 Offshore Voluntary Disclosure Initiative (OVDI) following on the success of the 2009 Offshore Voluntary Disclosure Program (OVDP), which was announced many years after the 2003 Offshore Voluntary Compliance Initiative (OVCI) and the 2003 Offshore Credit Card Program (OCCP).

FORBES: D��j�� vu--Yet Another IRS FBAR Voluntary Disclosure Initiative

Yes, many Americans have cheated by hiding income and assets in tax havens offshore, but they are now getting busted by the IRS. The U.S. Foreign Account Tax Compliance Act (FATCA) will force foreign banks to divulge information regarding their U.S. clients, and many offshore tax cheats are considering the extended IRS voluntary disclosure program (see details below).

FORBES: Mitt Romney Is Hardly A Pig When It Comes To Tax Deductions

The IRS is currently offering a limited amnesty program for taxpayers who are not compliant, the 2011 Offshore Voluntary Disclosure Initiative (OVDI).

FORBES: FBAR Deadline Looming

The IRS seems to be pulling out the stops to encourage more taxpayers to come clean and join its 2011 offshore voluntary disclosure initiative by the Aug. 31, 2011 deadline. (See our original blog detailing the program.) These filings are very complex and have many unintended consequences.

FORBES: IRS Goes Kinder And Gentler In Disclosure Initiative, Still Has Fangs