OVDP

Foreign Bank and Financial Account Reporting

Foreign Bank and Financial Account Reporting (“FBAR”), Offshore Voluntary Disclosure Program (“OVDP”) and Offshore Voluntary Disclosure Initiative (“OVDI”) The IRS and Department of the Treasury are increasingly vigilant to make certain US Taxpayers are in compliance with Foreign Bank and Financial Account Reporting (“FBAR”). Any US taxpayer with an interest in, or signature authority over, foreign financial accounts whose aggregate

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