Skip to content
Tax Law Center Blog

Tax Law Center Blog

  • Tax & Foreign Assets
    • Tax Law Services
    • Foreign Asset Planning
  • About
  • Contact Us
Close Button

Tag: VDP

IRS Updated Voluntary Disclosure Practice is a Game-Changer

4 December, 2018

Last week the IRS released a memorandum with new procedures for  an “Updated Voluntary Disclosure Practice” impacting all voluntary disclosures. The new updated voluntary disclosure practice (VDP) is a game-changer for offshore voluntary disclosures for US persons

Read More

IRS Announces New 2012 Offshore Voluntary Disclosure Program (OVDP)

9 January, 2012

The Internal Revenue Service today reopened the offshore voluntary disclosure program to help people hiding offshore accounts get current with their taxes. The IRS reopened the Offshore Voluntary Disclosure Program (OVDP) following continued strong interest

Read More

Recent Posts

  • Is Turbotax Reliance a Valid Defense Against IRS Penalties?January 28, 2026
  • New Proposed IRS Voluntary Disclosure Practice (VDP): FAQsJanuary 20, 2026
  • Second Circuit Affirms Recklessness Standard for Willful FBAR PenaltiesJanuary 16, 2026
  • Top Tax Strategies for the 2026 LandscapeJanuary 8, 2026
  • Navigating the High Penaties of Delinquent Form 3520 FilingsJanuary 3, 2026

Pages

  • About Patel Law Offices
  • Delinquent FinCen Form 114 (FBAR) Filings
  • Delinquent or unfiled IRS Form 5471
  • Request A Free Educational Consultation

Law Firm Attorney WordPress Theme By Themespride