If you’re an American with foreign assets, you are most likely familiar with the acronym OVDI or OVDP lawyer.It stands for Offshore Voluntary Disclosure Initiative, and it started out as a partial tax amnesty for U.S. taxpayers who didn’t disclose their offshore accounts on February 2011. Since then, it has become synonymous with the process of filing Form TD 90-22.1 (Report of Foreign Bank and Financial Accounts). Because of the complexities associated with taxation, accounting, and reporting foreign assets, you need to find an attorney to protect your interests.And an OVDP lawyer at the Gordon Law Group will be your best resource for doing so. Our experience with domestic and international clients has helped us to build our practical expertise in the many areas involving the ownership of foreign assets. Contact us today to schedule a FREE CONSULTATION. We can help you and your company stays in compliance and to avoid obstacles that could jeopardize your freedom and your livelihood. We are an OVDP lawyer that has in the industry for a long time, and we can give you everything you need to continue on your path to success. Feel free to visit our website: https://www.gordonlawltd.com/ Follow us on Social media site: Twitter: https://twitter.com/gordonlawltd Facebook: https://www.facebook.com/Gordon-Law-LTD-650804545085804/ Google Plus: https://plus.google.com/u/0/111104172223859598738 Linkedin: https://www.linkedin.com/company/gordon-law-group-ltd- Yelp: http://www.yelp.com/biz/gordon-law-group-ltd-northfield-2

1. Expert OVDP Lawyer Schedule Free
Consultation | Gordon Law Group

2. If you’re an American with foreign assets, you are most likely familiar with the
acronym OVDI or OVDP lawyer.
It stands for Offshore Voluntary Disclosure Initiative, and it started out as a
partial tax amnesty for U.S. taxpayers who didn’t disclose their offshore
accounts on February 2011. Since then, it has become synonymous with the
process of filing Form TD 90-22.1 (Report of Foreign Bank and Financial
Accounts).
OVDP Lawyer
OVDI and You
OVDI requires American taxpayers to disclose their foreign assets. This
includes bank accounts and real estate property, and there are penalties
for not doing so. Like income tax filing, OVDI regulations can be hard to
understand. That’s why you need to find an OVDP lawyer to help you
prevent problem that can come up later on.
Visit for more: https://www.gordonlawltd.com/
Call Us For An Appointment: (847) 580-1279

3. The OVDI is one of many IRS initiatives that are part of an attempt to crack
down on American taxpayers with offshore investments. For a long time, they
have believed that they are being used for tax evasion.
Law enforcement officials have come up with the same conclusion. Offshore
accounts can be used for some of the most serious crimes — some of which
can include:
<>Terrorism
<>Money laundering
<>Drug smuggling
An Attack on Offshore Investors
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4. Visit for more: https://www.gordonlawltd.com/
Expert OVDP Lawyer Schedule Free Consultation
Gordon Law Group

5. The IRS requires any American with ownership rights or any fiduciary interest
in a foreign asset to file the FBAR form if it falls within certain guidelines. This
can include a foreign bank account or any real estate property in another
country.
Foreign bank accounts that have had a balance of $10,000 at any point in a
calendar year must be reported on an FBAR, and there are stiff penalties for
not doing so. They can include:
<>Being labeled as a felon
<>Paying a fine of $250,000
<>Serving up to five years in federal prison
If you deliberately fail to file, you could pay a fine of $100,000 or 50% of the
account balance. While there are some cases where restitution and criminal
prosecution can be avoided, it rarely happens.
Your Legal Requirements
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Call Us For An Appointment:
(847) 580-1279

6. Even if you have filed the OVDI, you are still not safe from potential fines or
prosecution. People who file an OVDI are subject to further scrutiny, and the
IRS can look at their previous ten tax returns. They may even have to file
amended returns so they can stay in compliance. Not only will they have to
pay the adjusted tax, but they may have to pay an extra 20% in interest.
Do Not Risk It
Because of the risks involved for not disclosing foreign assets, you need to
find a qualified legal team to help you with your OVDI or OVDP filing. It will
make sure that you are in compliance, which can save you from any trouble in
the future. The IRS is backed by the federal government, so it has the
resources to come after you.
It’s Not Just Filing
Visit for more: https://www.gordonlawltd.com/
Call Us For An Appointment: (847) 580-1279

7. If you’re an American with foreign assets, you are most likely familiar with the
acronym OVDI or OVDP lawyer.
It stands for Offshore Voluntary Disclosure Initiative, and it started out as a
partial tax amnesty for U.S. taxpayers who didn’t disclose their offshore
accounts on February 2011. Since then, it has become synonymous with the
process of filing Form TD 90-22.1 (Report of Foreign Bank and Financial
Accounts).
In the past, a taxpayer that hasn’t paid for several years would get a slap on
the wrist. With the OVDP and OVDI, this is not the case. If you fail to comply,
you can expect to see the following:
<>fines for failing to pay
<>penalties up to 27.5%
<>possible criminal charges
Just an Honest Mistake?
Visit for more: https://www.gordonlawltd.com/
Call Us For An Appointment:
(847) 580-1279

8. Because of the complexities associated with taxation, accounting, and
reporting foreign assets, you need to find an attorney to protect your interests.
And an OVDP lawyer at the Gordon Law Group will be your best resource for
doing so.Our experience with domestic and international clients has helped
us to build our practical expertise on the many areas involving the ownership
of foreign assets.
Contact us today to schedule a FREE CONSULTATION. We can help you and
your company stays in compliance and to avoid obstacles that could
jeopardize your freedom and your livelihood. We are an OVDP lawyer that has
in the industry for a long time, and we can give you everything you need to
continue on your path to success.
Contact an OVDP Lawyer
Visit for more: https://www.gordonlawltd.com/
Call Us For An Appointment: (847) 580-1279

9. Gordon Law Group
Contact Now For An Appointment
https://www.gordonlawltd.com/
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847-580-1279
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