September 27, 2018
IRS Tax Alert: Offshore Voluntary Disclosure Program (OVDP) Ending Tomorrow, September 28, 2018

IRS Tax Alert: Offshore Voluntary Disclosure Program (OVDP) Ending Tomorrow, September 28, 2018

If you follow our tax blog, you are already aware that our international tax attorneys frequently discuss the IRS Offshore Voluntary Disclosure Program (OVDP), formerly known […]
July 12, 2018
There is Still Time to Participate in the OVDP, But It’s Running Out

There is Still Time to Participate in the OVDP, But It’s Running Out

The Foreign Bank Account Reporting laws (FBAR) require that U.S. residents timely report, on an annual basis, interests in an account at a foreign financial institution. […]
April 4, 2018
Foreign Account Reporting Options for Taxpayers Who Do Not Qualify for the Offshore Voluntary Disclosure Program (OVDP)

Foreign Account Reporting Options for Taxpayers Who Do Not Qualify for the Offshore Voluntary Disclosure Program (OVDP)

The Offshore Voluntary Disclosure Program (OVDP), known in previous years as the Offshore Voluntary Disclosure Initiative (OVDI), was established by the Internal Revenue Service (IRS) to […]
March 29, 2018
What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

If you visited our tax law blog earlier this week, you may have spotted a major announcement: in September 2018, the Internal Revenue Service (IRS) will […]
March 27, 2018
Breaking Tax News: IRS to End Offshore Voluntary Disclosure Program (OVDP 2014) by September 2018

Breaking Tax News: IRS to End Offshore Voluntary Disclosure Program (OVDP 2014) by September 2018

If you are a U.S. taxpayer with undisclosed foreign income, assets or accounts, pay careful attention, because this article is directed at you. On March 13, […]
February 6, 2018
When Not to Participate in the Offshore Voluntary Disclosure Program (OVDP)

When Not to Participate in the Offshore Voluntary Disclosure Program (OVDP)

The Internal Revenue Service (IRS) established the Offshore Voluntary Disclosure Program (OVDP) in 2009. The debut of the OVDP, which allowed taxpayers to mitigate civil penalties […]