IRS requests comments on proposed updates to Voluntary Disclosure Practice
Comments are due by March 22, 2026.
The IRS today requested public comments on proposed updates to its Voluntary Disclosure Practice (VDP), including a more streamlined penalty framework.
Comments are due by March 22, 2026, and may be submitted by email to vdp@ci.irs.gov.
If finalized, the revised procedures are expected to take effect six months after publication of the final terms.
Read today’s IRS release—IR-2025-124