Washington (Feb. 6, 2003) -- The Internal Revenue Service is making an offer to those involved in offshore payment card and offshore financial arrangement schemes: come clean now and you can avoid criminal prosecution. But this is your last chance.

"Tax Schemes and Scams-Save your Client the Trouble" is the title for this month’s Tax Talk Today Webcast, with the panel discussion focusing on the recently launched Offshore Voluntary Compliance Initiative. The Webcast, co-sponsored by the IRS, will air live from 2-3 p.m. EST on Tuesday, Feb. 11, 2003. The program will be of particular interest to practitioners involved in tax planning and tax controversy for high-income individuals and small businesses.

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