Friday, August 11, 2017

When a full IRS offshore disclosure was a mistake.

When a full IRS offshore disclosure was a mistake.
Do you now regret entering into the full/standard IRS Offshore Voluntary Disclosure Program (OVDP)? In the video, tax attorney Anthony E. Parent goes over the four possible option his team sees: 1. Remain in the OVDP and pay the 27.5% or 50% offshore penalty 2. Opt-out of the standard offshore penalty regime and keep criminal protections. 3. Do nothing. Be removed. Get audited under opt-out standards but lose criminal protections. 4. File streamlined disclosure anyway and waste time and effort. For more visit: http://ift.tt/2vWzkJ6 Parent & Parent LLP 60 East 42nd Street SUITE 4600 New York, NY 10165 (212) 256-1335 http://ift.tt/1RfwK1f info@irsmedic.com https://youtu.be/EjoKEx46Kxo IRS Medic

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