Getting an OVDP/Streamlined Second Opinion
Are you wondering whether your current OVDP representative (or yourself) is on the right track with your OVDP or Streamlined Disclosure? Do you wonder if you should opt-out of the standard penalty?
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Are you wondering whether your current OVDP representative (or yourself) is on the right track with your OVDP or Streamlined Disclosure? Do you wonder if you should opt-out of the standard penalty?
The IRS asked for feedback on its Offshore Voluntary Disclosure Program and Streamlined Procedures. Here is our response. On October 16th, members of the IRSMedic Offshore Team presented detailed suggestion on how the IRS can best improve their offshore disclosure processes.
In Part VI of …