Tax alerts to keep you in-the-know
and up-to-date

As originally highlighted in our March 2018 newsletter the Offshore Voluntary Disclosure Program (OVDP) will be closing effective September 28, 2018. All OVDP submissions must be postmarked on or before this date to qualify for the program. This IRS article Closing the 2014 Offshore Voluntary Disclosure Program Frequently Asked Questions and Answers provides an excellent review of the closure and highlights the decline in the number of taxpayers taking advantage of the program.