201804.30
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Hiring an Attorney for Voluntary Disclosure for IRS Foreign Reporting

Hiring an Attorney for Voluntary Disclosure for IRS Foreign Reporting A Tax Law Specialist is a pretty strong term. By stating you are a tax law specialist, you are making representations to the general public that you have extensive experience in an area of law.   The specialist exam for Tax specifically, is known to be…

201804.27
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How To Protect Your Foreign Accounts From IRS Penalties (2018)

How To Protect Your Foreign Accounts From IRS Penalties (2018)  In recent years, the IRS has significantly increased the issuance and enforcement of offshore penalties against any individuals, estates, and business with unreported, undeclared or undisclosed foreign money. IRS Penalties for Undisclosed Foreign Accounts typically include: Foreign Accounts Foreign Income Foreign Investments; and Foreign Assets…

201804.23
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OVDP Closed in 2018 – 5 Important Facts About OVDP Ending

OVDP Closed in 2018 – 5 Important Facts About OVDP Ending OVDP is the traditional Offshore Voluntary Disclosure Program. OVDP (formerly OVDI) has been in existence since 2009, and the IRS has accumulated more than $9 billion of money from taxpayers who have entered the program in order to safely get into compliance. 5 Important Facts…