by acceladmin | Jul 1, 2016 | Blogs, OVDP Bethesda
What’s the Goal of the OVDP? The Offshore Voluntary Disclosure Program (OVDP) allows people to disclose their offshore assets and bring them up to date with the Internal Revenue Service without facing prosecution or additional fines or jail time. It gives...
by acceladmin | Jun 30, 2016 | Blogs, Estate Lawyer Maryland
When it comes to your estate, your assets, and your dependents, you want to know for sure that your wishes will be met. In order to do this, it is important for you to hire an estate lawyer in Maryland who will work with you and help you create a living trust and/or...
by acceladmin | May 16, 2016 | Blogs, OVDP
We previously discussed what a John Doe summons is, who can authorize it, and the general procedure the Internal Revenue Service (IRS) must follow to get it approved. Unfortunately, because the John Doe summons is not requesting information on any single person,...
by acceladmin | May 4, 2016 | Blogs, OVDP
When it comes to learning about your financial accounts, the Internal Revenue Service (IRS) has ways to learn about your assets without you knowing about it. In addition, almost every foreign court will aid the IRS in these audits and help enforce the summons in their...
by acceladmin | Jan 15, 2016 | Blogs, OVDP Washington DC
If you have undisclosed offshore accounts or assets, and choose not to participate in the Offshore Voluntary Disclosure Program (OVDP), you could be facing serious penalties, both civil and criminal, if the IRS chooses to examine your accounts. If you are worried...
