The IRS requires that Offshore Voluntary Disclosure Program (“OVDP”) preclearance letters be submitted to IRS Criminal Investigations by August 24, 2018. Taxpayers only have five more days to submit the OVDP preclearance letter.
Non-compliant taxpayers hoping to determine their eligibility for the OVDP must submit their preclearance letter this week. Once IRS Criminal Investigations receives the preclearance letter, it will inform taxpayers about their eligibility to take part in the OVDP. Taxpayers hoping to determine whether they are eligible for OVDP should contact tax lawyers today.