Offshore Account Disclosure and Your Spouse
Tuesday, July 17th, 2012Most American citizens with offshore bank accounts know by now that they are obliged to report them to the IRS. Since 2009, the Offshore Voluntary Disclosure Programs (OVDP) have been instrumental in bringing hundreds of Americans including joint filing couples into tax compliance. But for couples, what happens to compliance if one spouse wants to participate in OVDP to come clean without the other spouse knowing? A Forbes article entitled
