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 […]
December 7, 2017
Taxpayers Denied OVDP Access Targeted for IRS Auditing

Taxpayers Denied OVDP Access Targeted for IRS Auditing

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 […]
August 7, 2017
IRS Introduces National and International Criminal Enforcement Initiatives

IRS Introduces National and International Criminal Enforcement Initiatives

We have previously reported on the IRS Criminal Investigations Division (CID), the agency’s investigative arm that conducts investigations involving taxpayers that have a situation with badges […]