Latest US Expat Tax News

Expat News Update: IRS Announces New Voluntary Disclosure Program

This past September, the IRS terminated the Offshore Voluntary Disclosure Program, stating that the program had fulfilled its potential, having been open for a decade (although revised periodically) and being used by over 56,000 taxpayers. However, the IRS just announced that they are initiating a new iteration of the program with modified rules. Find out […]

Offshore Voluntary Disclosure Program Ends
Filing Delinquent/Back Taxes

The Offshore Voluntary Disclosure Program Ends Sept 28th: Five Things Expats Need to Know

The IRS announced in March that they would close the Offshore Voluntary Disclosure Program (OVDP) this week. Amnesty programs like the OVDP affect expats specifically since so many expats are unaware of their obligation to file. What should expats know in advance of this deadline? Read on for the details. The Offshore Voluntary Disclosure Program […]

OVDP Closure and US Tax Returns
Filing Delinquent/Back Taxes

The OVDP is Closing Soon: Potential Ramifications for Expats Behind on US Tax Returns

We’re a week away from the OVDP (Offshore Voluntary Disclosure Program) closure, September 28th, 2018. If you’re a taxpayer who isn’t up to date on your US tax returns, there’s no better time than now to talk to a tax practitioner about getting into compliance. The consequences expats face for noncompliance are no laughing matter, […]

Offshore Voluntary Disclosure Program Ends September 28
Filing Delinquent/Back Taxes

The Offshore Voluntary Disclosure Program (OVDP) Ends September 28, 2018: Three Ways You Can Prepare

You may remember that, roughly six months ago, the IRS announced its intention to terminate the Offshore Voluntary Disclosure Program (OVDP). The Offshore Voluntary Disclosure Program originally launched in 2009, and since then 56,000+ taxpayers used the program to comply with tax laws. September 28, 2018, is the closure date for this amnesty program, which […]