OVDP

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 […]
December 13, 2017
Offshore Account Holders Should Consider Making a Voluntary Disclosure as Paradise Papers Are Investigated

Offshore Account Holders Should Consider Making a Voluntary Disclosure as Paradise Papers Are Investigated

If you’re a regular visitor to our tax law blog, you may have seen our prior article discussing the Paradise Papers, a mass-scale leak of roughly […]
December 12, 2017
What Do the Paradise Papers Reveal About Offshore Tax Havens?

What Do the Paradise Papers Reveal About Offshore Tax Havens?

You may recall that in May 2016, anonymous whistleblower “John Doe” leaked approximately 11.5 million documents revealing the offshore activities of numerous politicians, businesspeople, and entertainers […]
November 24, 2016

Former New York Professor Pleads Guilty to Expatriation Conspiracy

According to a Department of Justice press release, Dan Horsky, 71, of Rochester, New York, entered a guilty plea in federal court on counts of conspiracy […]
November 17, 2016
OVDP Lawyer

Streamlined Disclosure May be Available to Even “Grossly Negligent” Taxpayers

Streamlined Disclosure May be Available to Even “Grossly Negligent” Taxpayers The duty to disclose one’s offshore and foreign assets and accounts under FBAR is but one […]