by acceladmin | Dec 15, 2015 | Blogs, OVDP Bethesda
As of 2012, the IRS has updated their Offshore Voluntary Disclosure Program (OVDP), making the process more efficient and thus encouraging more taxpayers to come forward. Because the old process is still in effect as well, this newer development gives citizens with...
by acceladmin | Oct 23, 2015 | Blogs, OVDP Bethesda, OVDP Washington DC
On October 15, 2015, the Internal Revenue Service updated its “facilitator” list, making the decision of whether to participate in the Offshore Voluntary Disclosure Program (OVDP) even more time sensitive. So the question presents itself – is OVDP the right choice...
by acceladmin | Oct 16, 2015 | Blogs, OVDP Washington DC
The push to move forward with the Offshore Voluntary Disclosure Program (OVDP) and have more people file has currently passed another deadline. This doesn’t mean the program is finished, but it’s another push to have people ante up for any offshore accounts and pay...
by acceladmin | Aug 14, 2015 | Blogs, OVDP Bethesda
Offshore Voluntary Disclosure Program (OVDP, also was called the Offshore Voluntary Disclosure Initiative – OVDI) was established in 2009 in an effort to eliminate tax evasion from those who invest in offshore accounts. While the program has been modified many...
by acceladmin | Jul 17, 2015 | Blogs, Tax Attorney Maryland
As a citizen of the United States of America, we are required to pay taxes on our income. This even counts for money that is earned outside of the United States for both individuals and corporations. For one reason or another, this doesn’t always happen. Yet there are...
