If you currently have undisclosed offshore accounts you only have a short time frame left to enter the program for reduced penalties. The current deadline for volunteering to enter the Offshore Voluntary Disclosure Initiative program with reduced penalties and possible … Continue reading
Posted in Foreign Asset Disclosure, Foreign bank Account, News, OVDI
Tagged assets, clients, FBAR, filing dates, foreign bank accounts, offshore, OVDI, taxes
CIRCULAR 230 DISCLAIMER: ADVICE, ARTICLES AND COMMENTARY INCLUDED HEREIN DO NOT CONSTITUTE AN OPINION AND ARE NOT INTENDED OR WRITTEN TO BE USED, AND THEY CANNOT BE USED, BY ANY TAXPAYER FOR THE PURPOSE OF AVOIDING PENALTIES THAT MAY BE IMPOSED ON THE TAXPAYER.