Each year, thousands of Americans utilize foreign bank or financial accounts and employ foreign income-generating assets. Just because these assets are in a foreign country, however, […]
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 […]
In 2009, the Internal Revenue Service (IRS) launched the Offshore Voluntary Disclosure Program (OVDP), also known as the Offshore Voluntary Disclosure Initiative (OVDI). The OVDP, which […]
