Los Angeles Offshore Voluntary Disclosure (OVDP) Lawyer: Robert Hoffman

Los Angeles Offshore Voluntary Discolsure (OVDP) Attorney

The 2014 Offshore Voluntary Disclosure Program (OVDP) is a continuation of IRS initiatives for people with undisclosed foreign back accounts to come forward and make these accounts known. The 2014 OVDP is not amnesty and many foreign account holders could owe substantial penalties and be exposed to possible prison time without legal assistance. Find out how Los Angeles tax attorney Robert Hoffman can prepare a strong legal defense against the IRS.

Am I Required to File FBAR Reports?

Failing to file an FBAR report to the IRS could be considered willful tax evasion by the IRS. Ask tax lawyer Robert Hoffman about your requirements now before you incur serious tax liability.
Read More

What Are The Penalties Involved?

Penalties for not disclosing your foreign bank accounts to the IRS can rise into the millions of dollars. In some cases, the penalty could be more than double the funds in your accounts.
Read More

What is FATCA?

The Foreign Account Tax Compliance Act (FATCA) has given the IRS powerful tools to compel foreign banks to disclose accounts held by US citizens. If you have foreign accounts, contact our attorneys immediately.
Read More

What Is The OVDP?

The Offshore Voluntary Disclosure Program presents your one opportunity to let the IRS know about your accounts before they discover them through their own investigations.
Read More