Tag: VD


Voluntary Disclosure options for taxpayers after the closing of the OVDP

By: Tiffany D. Bell When the IRS closed the 2014 OVDP last fall, which had provided an avenue for taxpayers to come into compliance with any past offshore tax and information reporting, it left many taxpayers and tax practitioners wondering, what do we do now? Since 2009, the IRS has offered taxpayers a variety of voluntary disclosure programs within which

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