OVDP Ends Tomorrow – IRS Disclosure of Unreported Money Continues

OVDP Ends Tomorrow – IRS Disclosure of Unreported Money Continues OVDP Ends Tomorrow – IRS Disclosure of Unreported Money Continues Yes, the traditional OVDP ends tomorrow. No, Offshore Disclosure is not going anywhere. Even after OVDP ends, the IRS has indicated you will still have time to disclose your offshore/foreign accounts…even if you are willful. Don’t Rush into OVDP Just Because… If you KNOW you are ready to go OVDP, and believe you can complete the necessary forms required to get your documents completed timely by 9/28 – you can still qualify to submit (that still does NOT guarantee you will be admitted to the program). We have been inundated with requests for people who want to rush into OVDP, when they were clearly non-willful, because some scaremonger attorneys offering cloaked “free consultations” and are scaring these individuals into believing they need OVDP, when they do not. If you do not believe…

Read more detail on Recent Tax Law posts –

This entry was posted in Tax Law and tagged , , , , , , . Bookmark the permalink.

Leave a Reply