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Blogs


Foreign Bank and Financial Accounts

IRS Extends Deadline for Second Offshore Voluntary Disclosure Offer

Posted on: August 30th, 2011
In light of Hurricane Irene, IRS has extended the deadline for U.S. taxpayers with income in undisclosed offshore accounts to take advantage of the 2011 Offshore Voluntary Disclosure Initiative (OVDI) to Sept. 9, 2011....

Offshore Settlement Deadline Looms as Aug. 31 Draws Near

Posted on: August 9th, 2011
IRS has warned U.S. taxpayers hiding income in undisclosed offshore accounts that they are running out of time to take advantage of the soon-to-expire 2011 Offshore Voluntary Disclosure Initiative (OVDI), which will expire on Aug. 31, 2011. ...

IRS Gives Certain Individuals Extra Time to File FBARs for Pre-2010 Years

Posted on: June 20th, 2011
In a Notice, IRS has extended the deadline for persons who have signature authority over, but no financial interest in...
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