What’s new in 2011? Find tax tips now!
Working abroad? Earning foreign income? Plan ahead.
IRS second round voluntary disclosure initiative information & May’s articles In 2009, the Internal Revenue Service started the first round of “Offshore Voluntary Disclosure Program (OVDP).” On February 22, 2011, the IRS announced the second round of “Offshore Voluntary Disclosure Initiative (OVDI)” which will be available through September 9, 2011. InterTax assists and represents clients with unreported foreign income and delinquent foreign informational returns such as FBAR, 5471, etc. to help clients avoid criminal penalties. Furthermore, InterTax works with an international law firm to provide forensic accounting services, foreign tax reporting information, and international taxation consultation services. You may be eligible for lower penalties. For further information, please contact us at 415-543-2828 or e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .
Additional Resources
Sing Tao Daily
June 21, 2011: Read May Ho's article "Avoid Severe Penalty, Don't Miss the OVDI 8/31 Deadline" (Chinese)
World Journal Weekly
On March 6, 2011, May Ho’s article “How to Deal with the Second Round Voluntary Disclosure Initiative?” was published in World Journal magazine issue No. 1407 “The U.S.’s Inescapable Dragnet, Taxes on Foreign Accounts.” (Cover Page)
Special report on voluntary disclosure. May Ho, CPA's article is one of the cover story. (Read Article) (Chinese).
On March 13, 2011, May Ho’s article “Hiding Foreign Investments? The IRS May Take All of Your Assets" was published in World Journal magazine issue No. 1408.
Special report on voluntary disclosure. (Read Article) (Chinese).
