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	<title>Estate Planning, Probate, Tax and Elder Law Center</title>
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	<description>Your Information Center for wills, trusts, estates, tax, asset protection planning, estate tax minimization, special needs trusts, medicaid planning, succession planning, and estate administration.</description>
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		<title>Analysis of the new 2012 Offshore Voluntary Disclosure Program (OVDP)</title>
		<link>http://www.patellawoffices.com/blog/protecting-your-assets/analysis-of-the-new-2012-offshore-voluntary-disclosure-program-ovdp/</link>
		<comments>http://www.patellawoffices.com/blog/protecting-your-assets/analysis-of-the-new-2012-offshore-voluntary-disclosure-program-ovdp/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 13:53:36 +0000</pubDate>
		<dc:creator>Parag Patel, Attorney</dc:creator>
				<category><![CDATA[Asset Protection Against Risks]]></category>
		<category><![CDATA[Defending and Planning Against Taxes]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[Asset Protection]]></category>
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		<category><![CDATA[hsbc]]></category>
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		<category><![CDATA[OVDP]]></category>
		<category><![CDATA[penalties and interest]]></category>
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		<category><![CDATA[voluntary disclosure]]></category>

		<guid isPermaLink="false">http://www.patellawoffices.com/blog/?p=624</guid>
		<description><![CDATA[Yesterday the Internal Revenue Service opened its Offshore Voluntary Disclosure Program (OVDP) to encourage more taxpayers with assets in undeclared foreign bank accounts to come forward.  While the OVDP was not expected by most tax lawyers and professionals, it may be welcomed by many of our clients who missed the recently closed 2011 OVDI program. [...]]]></description>
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		<title>IRS Announces New 2012 Offshore Voluntary Disclosure Program (OVDP)</title>
		<link>http://www.patellawoffices.com/blog/protecting-your-assets/irs-announces-new-2012-offshore-voluntary-disclosure-program-ovdp/</link>
		<comments>http://www.patellawoffices.com/blog/protecting-your-assets/irs-announces-new-2012-offshore-voluntary-disclosure-program-ovdp/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 21:26:58 +0000</pubDate>
		<dc:creator>Parag Patel, Attorney</dc:creator>
				<category><![CDATA[Asset Protection Against Risks]]></category>
		<category><![CDATA[Defending and Planning Against Taxes]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[foreign account]]></category>
		<category><![CDATA[irs]]></category>
		<category><![CDATA[opt out]]></category>
		<category><![CDATA[ovdi]]></category>
		<category><![CDATA[OVDP]]></category>
		<category><![CDATA[VDP]]></category>
		<category><![CDATA[voluntary disclosure]]></category>

		<guid isPermaLink="false">http://www.patellawoffices.com/blog/?p=617</guid>
		<description><![CDATA[The Internal Revenue Service today reopened the offshore voluntary disclosure program to help people hiding offshore accounts get current with their taxes. The IRS reopened the Offshore Voluntary Disclosure Program (OVDP) following continued strong interest from taxpayers and tax practitioners after the closure of the 2011 and 2009 programs. The third offshore program comes as [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>IRS Reminds U.S. citizens and dual citizens about U.S. filing requirements</title>
		<link>http://www.patellawoffices.com/blog/protecting-your-assets/irs-reminds-u-s-citizens-and-dual-citizens-about-u-s-filing-requirements/</link>
		<comments>http://www.patellawoffices.com/blog/protecting-your-assets/irs-reminds-u-s-citizens-and-dual-citizens-about-u-s-filing-requirements/#comments</comments>
		<pubDate>Tue, 13 Dec 2011 01:55:59 +0000</pubDate>
		<dc:creator>Parag Patel, Attorney</dc:creator>
				<category><![CDATA[Asset Protection Against Risks]]></category>
		<category><![CDATA[Defending and Planning Against Taxes]]></category>
		<category><![CDATA[foreign account]]></category>
		<category><![CDATA[ovdi]]></category>
		<category><![CDATA[penalties and interest]]></category>
		<category><![CDATA[voluntary disclosure]]></category>

		<guid isPermaLink="false">http://www.patellawoffices.com/blog/?p=612</guid>
		<description><![CDATA[In a fact sheet (IRS FS-2011-13) released last week, the IRS reminded U.S. citizens and dual citizens of the United States and foreign countries who live abroad about U.S. filing requirements, including Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR).  No new developments are provided, only reminders of existing laws and [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Another Bank Discloses Accountholders: Credit Suisse to Turn Over U.S. Account Data</title>
		<link>http://www.patellawoffices.com/blog/protecting-your-assets/another-bank-discloses-accountholders-credit-suisse-to-turn-over-u-s-account-data/</link>
		<comments>http://www.patellawoffices.com/blog/protecting-your-assets/another-bank-discloses-accountholders-credit-suisse-to-turn-over-u-s-account-data/#comments</comments>
		<pubDate>Tue, 29 Nov 2011 03:50:19 +0000</pubDate>
		<dc:creator>Parag Patel, Attorney</dc:creator>
				<category><![CDATA[Asset Protection Against Risks]]></category>
		<category><![CDATA[Defending and Planning Against Taxes]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[foreign account]]></category>
		<category><![CDATA[hsbc]]></category>
		<category><![CDATA[offshore]]></category>
		<category><![CDATA[offshore accounts]]></category>
		<category><![CDATA[penalties and interest]]></category>
		<category><![CDATA[ubs]]></category>
		<category><![CDATA[voluntary disclosure]]></category>

		<guid isPermaLink="false">http://www.patellawoffices.com/blog/?p=609</guid>
		<description><![CDATA[Earlier this month Credit Suisse Group AG, Switzerland’s second-biggest bank, told U.S. clients it is giving confidential client account data to the Swiss tax authorities, who will decide whether to disclose it to the Internal Revenue Service. The U.S. is probing whether Credit Suisse helped Americans evade taxes, and the IRS used a 1996 tax [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fifth HSBC India Customer indicted for tax evasion this year</title>
		<link>http://www.patellawoffices.com/blog/protecting-your-assets/603/</link>
		<comments>http://www.patellawoffices.com/blog/protecting-your-assets/603/#comments</comments>
		<pubDate>Sun, 20 Nov 2011 01:42:46 +0000</pubDate>
		<dc:creator>Parag Patel, Attorney</dc:creator>
				<category><![CDATA[Asset Protection Against Risks]]></category>
		<category><![CDATA[Defending and Planning Against Taxes]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[FBAR]]></category>
		<category><![CDATA[foreign account]]></category>
		<category><![CDATA[hsbc]]></category>
		<category><![CDATA[tax crime]]></category>
		<category><![CDATA[voluntary disclosure]]></category>

		<guid isPermaLink="false">http://www.patellawoffices.com/blog/?p=603</guid>
		<description><![CDATA[A federal grand jury in San Jose, California, last week indicted Ashvin Desai of San Jose on three counts of tax evasion, two counts of willfully aiding the preparation of materially false tax returns and three counts of failing to file Reports of Foreign Bank and Financial Accounts (FBARs), the Justice Department and Internal Revenue [...]]]></description>
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