NY and NJ businesses participating in the Opportunity Zone Program have breathing room when it comes to satisfying key deadlines... New York and New Jersey businesses participating in the Opportunity Zone Program have some breathing room when it comes to satisfying key deadlines. In response to the COVID-19 pandemic, the...
Scarinci Hollenbeck’s Tax, Trusts & Estates practice group regularly provides content on the IRS (Internal Revenue Services). To receive our attorneys’ IRS articles please subscribe to our email list.
Potential Criminal and Civil Penalties for Offshore Tax Avoidance
While it may seem crazy to notify the Internal Revenue Service (IRS) that you have potentially broken the law, it...
IRS to Ramp Up Criminal Prosecution to Combat Offshore Tax Avoidance
The Internal Revenue Service (IRS) announced that the Offshore Voluntary Disclosure Program (OVDP) will be closing on September 28, 2018....
Requirements of the IRS Offshore Voluntary Disclosure Program
The IRS Offshore Voluntary Disclosure Program (OVDP) is a voluntary disclosure program for taxpayers with exposure to potential criminal liability...
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