Thursday, 15 December 2011

What Do Do About the Missed OVDI

If you are an American taxpayer with an offshore accounts that you thought were secret, you must bring it into compliance - that is file missing FBARs and include any missing income on amended tax returns. So what to do? The last offshore voluntary disclosure initiative (OVDI) ended on August 31, 2011. These are the four options still available.

Source: http://EzineArticles.com/6722379

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