New: ovdpAll contenthive-129948hive-196917krsteemhive-183959hive-180932zzanhive-166405photographyuncommonlabhive-188619hive-185836bitcoinhive-150122hive-183397hive-144064krsuccesshive-124908hive-101145hive-139150hive-145157hive-109690lifehive-184714hive-103599TrendingNewHotLikersicobox (25)in crypto • 6 years agoEnsuring Your Offshore Crypto Accounts are in Compliance with Changing IRS PolicyOn September 28, the IRS has closed its Offshore Voluntary Disclosure Program (OVDP). The OVDP allows for U.S. taxpayers with willfully undisclosed foreign financial assets to voluntarily report…eldad (29)in tax • 7 years agosteemCreated with Sketch.Streamlined Offshore ProcedureRecently, the IRS relaxed the requirements for compliance and significantly reduced the penalty for eligible taxpayers who non-willfully failed to disclose otherwise reportable foreign financial…eldad (29)in tax • 7 years agosteemCreated with Sketch.OVDPThe Offshore Voluntary Disclosure Program (OVDP) is a voluntary disclosure program specifically designed for taxpayers with exposure to potential criminal liability and/or substantial civil…
