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Industry Insights

2011 Offshore Voluntary Disclosure Initiative

The IRS is offering people with undisclosed income from offshore accounts an opportunity to participate in a new, voluntary disclosure initiative in order to get current on their filings. The 2011 Offshore Voluntary Disclosure Initiative (OVDI) will be available only through Aug. 31, 2011.  Also, if you have a direct or indirect financial interest in, or […]