OVDP - The Offshore Voluntary Disclosure Program

The Offshore Voluntary Disclosure Program [OVDP] is a filing with the government to reduce or eliminate penalties for non compliance of tax reporting requirements.

FBAR

Reporting of Foreign Bank and Financial Accounts

FATCA

Foreign Account Tax Compliance Act

Foreign Corporations

Information Return of U.S. Persons with Respect to Certain Foreign Corporations

Foreign Partnerships

Return of U.S. Persons with Respect to Certain Foreign Partnerships

Foreign Retirement Plans

U.S. Information Return for Beneficiaries of Certain Canadian Registered Retirement Plans

Other Foreign Retirement Plans

Your Tax Professional Team

The Links to the Summaries are informational only, each taxpayer’s situation is unique and prudence would dictate that you consult with a tax professional team which includes a CPA (Certified Public Accountant) and Attorney to guide you through the Disclosure Process.