Understanding IRS offshore disclosures with OVDP lawyer Anthony E. Parent

Understanding IRS offshore disclosures with OVDP lawyer Anthony E. Parent

http://ift.tt/2vINUAU Between the scare tactics of the IRS and some tax practitioners, and the lackadaisical attitude of others lies the truth of the IRS offshore Disclosure programs, which OVDP attorney Anthony Parent says are more aptly named FBAR amnesty programs If you are thinking of making an IRS voluntary disclosure or concerned you need to, this video is a must-watch. Don’t make a disclosure if you don’t need to, and if you are going to make a disclosure, do it right, or don’t do it at all. In this video, IRS Offshore Voluntary Disclosure Program (OVDP) lawyer Anthony E. Parent discusses the complete evolution and history of the IRS offshore disclosure programs from the Pre-2009 Offshore Voluntary Disclosure Initiative (OVDI) practice, the 2009 OVDI, the 2011 OVDI, the 2012 OVDP, the 2014 Streamlined OVDPs. Learn how offshore disclosure evolved from a program designed for criminals to a program that is now designed to punish non-criminals. Despite the rough landscape, you can still make an optimum move to mitigate your risks. Or should you decide to do nothing, you can at least appreciate what the risks of doing nothing are. http://ift.tt/2w1OKLN Parent & Parent LLP 60 EAST 42ND STREET, SUITE 4600 New York, NY 10165 (212) 256-1335 info@irsmedic.com https://youtu.be/7V8es79EkWY IRS Medic