Offshore Voluntary Disclosure Program

New York Attorneys

 

 

Whether you are located in New York, another state or even overseas, the experienced attorneys at Taroff & Taitz can represent you before the IRS to address foreign account and income issues.¬† If you have foreign accounts, you need attorneys that specialize in these types of affairs. That’s why Taroff & Taitz is the perfect fit for you.

Some businesses may participate in the Offshore Voluntary Disclosure Program (OVDP). Are you facing potential criminal liability and/or substantial civil penalties due to a willful failure to report foreign financial assets? Do you need to reduce that exposure?? The IRS has designed this program to provide to taxpayers with such exposure protection from criminal liability and terms for resolving their civil tax and penalty obligations. Taroff & Taitz are knowledgeable in overseas account and are here to help you navigate this process.

If you have not participate in OVDP, and need to come into compliance with the IRS, Taroff & Taitz can assist you through the IRS’s Streamlined Compliance Program. This is designed for taxpayers who did not willfully avoid paying taxes onforeign accounts. We know the “ins and outs” of each of the IRS’s programs, and our tax attorneys will be with you every step of the way.

Taroff & Taitz¬† will analyze your particular circumstances and represent you through the entire process with the Internal Revenue Service. Don’t let the overwhelming size and beauracracy of the IRS be a detriment to you getting your assets and business back on track. Call us today.