The Offshore Voluntary Disclosure Process, Part One
Offshore Voluntary Disclosure process can be confusing for many taxpayers. In this article, we break down the process surrounding voluntary disclosures.
Offshore Voluntary Disclosure process can be confusing for many taxpayers. In this article, we break down the process surrounding voluntary disclosures.
This article is for the Non-Residents program that has requirements that taxpayers need to be aware to participate in a voluntary disclosure.
This article discusses Penalties that are associated with participation in a streamlined voluntary disclosure.
This article discusses Disclosure Eligibility depends on number of factors. Here is a summary of the requirements to determine whether or not you qualify.
This is the second part of our series of articles for taxpayers on the IRS Streamlined OVDI program and the procedures that govern IRS Streamlined OVDI.
Part one of our series on the streamlined offshore voluntary disclosure program discusses the history of the program and how taxpayers can benefit from it.
When analyzing your options under IRS Voluntary Disclosure, the quiet disclosure is one option that has been used in the past. Here are the pros and cons.
IRS voluntary disclosure was set up by the federal government for bringing taxpayers back into compliance when they have financial assets outside the US
This article discusses the various FBAR penalties and other miscellaneous criminal penalties associated with OVDI and the IRS voluntary disclosure program.
Continuing our series on the IRS Streamlined OVDP, this article outlines the potential penalties if taxpayers do not participate in Streamlined OVDP.
This article breaks down the provisions of FATCA, the Foreign Account Tax Compliance Act. FATCA is the provision that mandates the filing of FBARs.
The following is a summary of some of the foreign asset reporting requirements. It is important to determine your potential liability under the law.