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Day: February 11, 2011

2011 Offshore Voluntary Disclosure Initiative (OVDI)

11 February, 2011

On February 8, 2011, the IRS announced the 2011 Offshore Voluntary Disclosure Initiative (OVDI), designed to bring offshore money back into the U.S. tax system and help people with undisclosed income from hidden offshore accounts

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Special Needs Planning Mistakes

11 February, 2011

1. Disinheriting the child. When a special needs child is disinherited, that child will need to depend on government benefits such as Medicaid and Supplemental Security Income (SSI).  While these programs can be greatly beneficial,

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