"The OVDP Opt-Out" 2014 IRSMedic Offshore Voluntary Disclosure Guide Part 7-A

"The OVDP Opt-Out" 2014 IRSMedic Offshore Voluntary Disclosure Guide Part 7-A http://www.irsmedic.com In Part 7-A of the IRSMedic 2014 OVDP guide, we devote additional time to the best way to avoid FBAR penalties --- the OVDP opt-out. If you don't qualify for the 5% penalty, there is only one way to get a lower penalty than 27.5% (or 12.5% if accoutns are less than $75,000). In this video we explain - why opting out is a great idea for those who made an innocent mistake - or why it could even be a good deal for those who maybe didn't make such an innocent mistake. http://ift.tt/1f2oD9S Anthony Parent