Wednesday, January 29, 2014

Streamlined OVDP

Streamlined OVDP

http://www.irsmedic.com Part V of the IRSMedic 2014 Guide to Offshore Voluntary Disclosure, Streamlined Disclosure. In this video, OVDP attorney Anthony PArent explains how the Streamlined programs differs from the Standard 2012 OVDP and who qualifies. He also discusses what happens if you use the program when you shouldn't. Also confusing mattes, is the high risk/low risk distinction the IRS makes. This distinction is not for criminal charges, but rather who is at high risk for an full examination, or audit. http://ift.tt/1bz6c5l Anthony Parent

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