IRS Streamlined Procedure

Good News At Last

The Streamlined Procedure is an IRS amnesty program that allows expats who are non-willfully behind with their US tax filing to catch up without facing any penalties. Don’t delay though, as the program may not be available indefinitely.

The Streamlined Procedure Is An Excellent Opportunity

Under the Streamlined Procedure rules, expats must file the last three years of federal tax returns, and the last six Foreign Bank Account Reports (as applicable). Find out more here.

The Streamlined Procedure Celebrates Its First Birthday

streamlined procedure birthday

Until around a year ago, many honest, law-abiding US expats felt a real disincentive to file their historic tax returns as a result of pending and serious IRS penalties. Another large group of expats believed that as they didn’t owe taxes in the US, having paid higher tax rates abroad, they didn’t have to file […]

US Expats Hail Disclosure Program Breakthrough

expat disclosure program

Expat Briefing – Major changes to the Internal Revenue Service’s offshore voluntary compliance program have been welcomed by American Citizens Abroad. The program is offered to overseas American citizens that have not deliberately failed to abide by their tax obligations. ACA said that the changes, effective from July 1, 2014, demonstrate that the IRS has […]