IRS Announces End To Offshore Voluntary Disclosure Program

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The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018. That gives taxpayers a little over six months to come forward with previously undisclosed foreign financial assets.

“Taxpayers have had

FULL ARTICLE https://www.forbes.com/sites/kellyphillipserb/2018/03/13/irs-announces-end-to-offshore-voluntary-disclosure-program/

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