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    Author: Matthias Kaseorg, Legal Assistant - South Florida Criminal Defense Attorney Robert W. Stickney
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    Author: Matthias Kaseorg, Legal Assistant

    The IRS created the 2011 Offshore Voluntary Disclosure Initiative (OVDI) to allow taxpayer applicants with previously undisclosed offshore accounts and assets to disclose these assets by August 31, 2011, and pay overdue taxes along with a set penalty. Through participation in the OVDI program, fully...