by Ashley Hayward | Jun 15, 2016 | Blogs, Estate Lawyer Maryland
While a living trust may not be essential for everyone to have, it does carry several benefits for those who want a more assured approach to their estate planning. At JDKatz, your Maryland estate lawyer will walk you through the entire process, helping you understand...
by Ashley Hayward | Apr 2, 2016 | Blogs, OVDP
Because Your Future Is At Stake Many people are tempted to try to handle their own paperwork for the Offshore Voluntary Disclosure Program (OVDP), and many more believe that they only need a certified public accountant to help them. However, due to the very severe...
by Ashley Hayward | Nov 11, 2015 | Blogs, OVDP Bethesda
The penalties have always been steep for tax evasion in the United States. With the fairly recent Offshore Voluntary Disclosure Program (OVDP) from the IRS, there is an option to reduce penalties by filing for the reporting of offshore accounts. Through the OVDP,...
by Ashley Hayward | Sep 20, 2015 | Blogs, OVDP Washington DC
In our last blog, we talked about the ways you can opt-out of the OVDP (Offshore Voluntary Disclosure Program). This is, however, not recommended. The FATCA (The Foreign Account Tax Compliance Act) was enacted July 2014 to investigate offshore accounts not being...
by Ashley Hayward | May 26, 2015 | Blogs, Tax Attorney Maryland
According to your Maryland tax attorney, the IRS uses a five step and repeat approach process in regards to OVDP. This process has been quite successful in identifying banks on the blacklist and tax haven jurisdictions. The five step process is as follows: Identify...
