Don’t Miss the US Tax Compliance Boat – OVDP Ends Sept 2018

In an article published by Expat Network, Kevin Sweeney provides guidances for taxpayers ahead of the IRS ending its Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018. For years, OVDP enabled taxpayers with unreported foreign financial assets and income to come into compliance by reducing the threat of criminal prosecution and exposure to penalties.

Sweeney discusses other options for taxpayers going forward and who may benefit from joining the program before it ends. 

• Don’t Miss the US Tax Compliance Boat - OVDP Ends Sept 2018.pdf