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Offshore Accounts

IRS to End Offshore Voluntary Disclosure Program on September 28, 2018

By Bruce L. Udolf, P.A. |

The Offshore Voluntary Disclosure Program, which offers US taxpayers the chance to pay substantially less in back taxes, interest, and penalties on unreported offshore accounts and assets, will close come September 28. The Internal Revenue Service aims to stay actively engaged in the international tax arena, so taxpayers with unreported offshore accounts and assets… Read More »

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