A single unreported signature on a foreign bank account could cost one person millions of dollars in fines and time behind federal bars. Luckily, there’s a way out - but, not for much longer. The government has announced they will be extinguishing their Offshore Voluntary Disclosure Program (OVDP) Sept. 28, 2018, and with it any leniency toward negligent taxpayers with money overseas. Fortunately, Steve Moskowitz of Moskowitz LLP provides guidance on this complicated area of tax law. He touches on both proactive and reactive measures people can take to avoid the draconian consequences. Moskowitz LLP is a tax law firm based in San Francisco representing individuals and business, learn more at moskowitzllp.com Attorney advertising and not to be relied on as legal or tax advice.