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 […]

Who Has to File an FBAR or Tax Return?
Personal US Expat Tax Information

Who Has to File an FBAR or Tax Return? IRS Reminds Foreign Asset Holders About Filing Obligations

This past week, the IRS issued a reminder to US citizens and resident aliens to find out whether or not they have a tax liability. They also noted that the April deadline pertains to FBARs (foreign bank account reports) as well. This year the reminder bears special heeding as the end of the OVDP (Offshore […]