201804.30
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Hiring an Attorney for Voluntary Disclosure for IRS Foreign Reporting

4 Types of IRS Voluntary Disclosure Programs There are typically four types of IRS Voluntary Disclosure programs, and they include: Traditional (IRM) IRS Voluntary Disclosure Program Streamlined Domestic Offshore Procedures (SDOP) Streamlined Foreign Offshore Procedures (SFOP) Reasonable Cause (RC) Golding & Golding, A PLC We have successfully represented clients in more than 1,000 streamlined and…

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…