The Purpose of the Offshore Voluntary Disclosure Program
Anyone who has offshore banking activity is directly affected by the Offshore Voluntary Disclosure Program. Many people question as to why the Internal Revenue Service (IRS) is going after offshore...
View ArticleHow to Participate in the Offshore Voluntary Disclosure Program
The IRS has created the Offshore Voluntary Disclosure Program for all taxpayers who have offshore accounts. It allows them to report to the Internal Revenue Service (IRS) financial activity and pay the...
View ArticleResults of Avoiding the Offshore Voluntary Disclosure Program
If you have offshore financial activity, the Internal Revenue Service (IRS) asks that you come forward with voluntary disclosure of this information. Taxes are required to be paid on the activity and...
View ArticleTips for Participating in the Offshore Voluntary Disclosure Program
The IRS has created the Offshore Voluntary Disclosure Program to allow anyone who has offshore banking activity to come on their own to disclose it to the IRS and to pay taxes and penalties on it. Not...
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