IRS to End Offshore Voluntary Disclosure Program

The IRS recently announced that is ending its OVDP program which has been in effect since 2009, closing it by September 28, 2018. The OVDP is a voluntary disclosure program specifically designed for taxpayers with exposure to potential criminal liability and/or substantial civil penalties due to a willful failure to report foreign financial assets and…

Startup Outlook in 2018

The Silicon Valley has been world’s biggest hub for start-up businesses for the past couple decades and continues to be the world’s leading startup destination. Is that all about to change? With 2018 already coming into its last stretch and tax reform already in effect, let’s take a glance at the outlook for Silicon Valley…