Tag Archives: OVDI

File FBAR by June 30; Offshore Company in British Virgin Islands (BVI) Offers Benefits But Not Tax Haven

Posted on June 24, 2012 by Staff

With the deadline to file the Report of Foreign Bank and Financial Accounts (FBAR) just a few days away on June 30 (no FBAR extensions allowed, so file on time), we are thinking about offshore assets and overseas bank accounts. We … Continue reading →

Posted in Business Law, Corporate Taxes, Filing Your Tax Return, Offshore Bank Account, Overseas Assets, Starting a New Business, Tax Law | Tagged British Virgin Islands, BVI, FBAR, Form 8939, Mitt Romney, Offshore Assets, Offshore Company, Offshore Voluntary Disclosure Initiative, OVDI, overseas bank accounts, personal anonymity, Report of Foreign Bank and Financial Accounts, tax evasion, Tax Haven, tax return, tax savings, UBS scandal, white collar crime | Leave a comment

Offshore Voluntary Disclosure Initiative is Revised Indefinitely for Undeclared Offshore Bank Accounts and Overseas Assets

Posted on January 20, 2012 by Staff

The Internal Revenue Service has reopened the very popular and lucrative Offshore Voluntary Disclosure Initiative (OVDI) for an indefinite period, according to the IRS Newswire release on January 9. If your middle name is “Revenue” and you discover a way … Continue reading →

Posted in Offshore Bank Account, Overseas Assets, Tax Law | Tagged California Tax Attorney, Connie Yi, CPA, Internal Revenue Service, IRS Newswire, Offshore Voluntary Disclosure Initiative, OVDI, overseas assets, San Francisco Bay Area, U.S. taxpayers, Undeclared Offshore Bank Accounts | Leave a comment

Offshore Bank Accounts Or Foreign Assets Can Lead To An Information Document Request (IDR) From The IRS

Posted on November 19, 2011 by Staff

A couple of months ago, we wrote about the extended deadline for filing the paperwork to take advantage of the IRS’s 2011 Offshore Voluntary Disclosure Initiative (OVDI). We would like to believe that anyone who was in a position to … Continue reading →

Posted in Offshore Bank Account, Overseas Assets, Tax Law | Tagged §1.6011-4(b)(2), federal tax, Foreign Assets, foreign bank account, Form 4564, IDR, Income Tax Regulations, Information Document Request, Internal Revenue Service, IRS, listed transactions, Offshore Bank Account, Offshore Voluntary Disclosure Initiative, OVDI, overseas assets, Pleasanton, San Francisco, San Francisco Bay, San Jose, San Mateo, tax attorney, tax avoidance transactions, tax returns, tax shelters | Leave a comment

Offshore Voluntary Disclosure Initiative (OVDI) Deadline Extended by IRS to Sept. 9, 2011

Posted on September 1, 2011 by Staff

If you intended to take advantage of the second special voluntary opportunity to reveal undisclosed offshore accounts and income to the Internal Revenue Service, but are unable to meet the original August 31, 2011 deadline as a result of Hurricane … Continue reading →

Posted in Business Law, Corporate Taxes, Gift Tax, Income Tax, Offshore Bank Account, Overseas Assets, Tax Law | Tagged bankers, California attorney, certified public accountant, criminal charges, FBAR, finances, financial institutions, foreign account, Hurricane Irene, Internal Revenue Service, IRS, offshore accounts, Offshore Voluntary Disclosure Initiative, OVDI, Report of Foreign Bank and Financial Accounts, taxes, taxpayers | Leave a comment

Tag Archives: OVDI

File FBAR by June 30; Offshore Company in British Virgin Islands (BVI) Offers Benefits But Not Tax Haven

Offshore Voluntary Disclosure Initiative is Revised Indefinitely for Undeclared Offshore Bank Accounts and Overseas Assets

Offshore Bank Accounts Or Foreign Assets Can Lead To An Information Document Request (IDR) From The IRS

Offshore Voluntary Disclosure Initiative (OVDI) Deadline Extended by IRS to Sept. 9, 2011

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