New Offshore Voluntary Disclosure Program for 2012

By Julia Thomas | January 10, 2012

Yesterday, the IRS started the Offshore Voluntary Disclosure Program (2012 OVDP), which is a modified continuation of the 2011 Offshore Voluntary Disclosure Initiative (2011 OVDI).  The IRS will also release a new FAQ and provide additional details of 2012 OVDP on its website in the coming months. 2012 OVDP comes on the heels of last…

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IRS Extends Offshore Reporting Deadline

By Julia Thomas | August 29, 2011

Due to Hurricane Irene, the IRS extended the deadline for participating in the Offshore Voluntary Disclosure Initiative (OVDI) from August 31, 2011 to September 9, 2011.  The new deadline applies both to submissions into the program and requests for a 90 day extension. For details on the OVDI program, please see our previous posts located…

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