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Should everyone with unreported income or FBARs enter into the standard IRS Offshore Voluntary Program (OVDP) and pay the 27.5% (or 50%) offshore penalty? Or are there options? Our OVDP attorneys answer that question here for more.
A Streamlined offshore disclosure allows the majority of taxpayers who are not in compliance a less expensive, quicker way to get into compliance. 80% of our disclosure clients qualify for Streamlined. Click here for more.
There are times when we recommend a full OVDP because of bad facts, but still want to opt-out for a lower penalty. There are also situations where clients felt they were roped into the full OVDP and want a second opinion on if they should opt-out. Click here for more.
If your Offshore Voluntary Disclosure or Pre-Clearance was rejected please understand that this usually means something serious. Click here for more.
Are you wondering whether your current OVDP representative (or yourself) is on the right track with your OVDP or Streamlined Disclosure? Do you wonder if you should opt-out of the standard penalty? Click here for more.
Contact us if you would like to speak with one of our OVDP lawyers. Call us at 888-727-8796 or email email@example.com.