Streamlined Offshore Procedure

The IRS Streamlined Filing Compliance Procedures offer a valuable opportunity for taxpayers with offshore compliance issues to come clean without facing the full brunt of penalties. However, the process can be confusing, especially…

For taxpayers who’ve fallen behind on their US tax obligations, the Streamlined Filing Compliance Procedures offer a valuable opportunity to return to compliance without facing severe penalties or criminal prosecution. However, many individuals…

When it comes to resolving past non-compliance with US tax obligations related to foreign accounts or assets, the IRS has provided several routes over the years. While the Streamlined Filing Compliance Procedures (SFOP…

The IRS Streamlined Filing Compliance Procedure, whether foreign (SFOP) or domestic (SDOP), offer a crucial opportunity for taxpayers to become compliant with their US tax obligations. However, the process is nuanced, and common…

For US citizens and Green Card holders living abroad who have unintentionally fallen behind on their US tax obligations, the IRS Streamlined Foreign Offshore Procedures (SFOP) offer an incredibly valuable path to compliance.…

If you’re a US taxpayer residing in the United States and need to catch up on unreported offshore income, accounts or assets, the Streamlined Domestic Offshore Procedures (SDOP) offer a way to become…

If you qualify for the IRS Streamlined Filing Compliance Procedures, knowing how to navigate the process can help you catch up on your taxes while minimizing penalties. Whether you’re filing under the Streamlined…

The IRS Streamlined Filing Compliance Procedures can provide a lifeline for US taxpayers who have fallen behind on their tax and FBAR obligations. However, not everyone qualifies. To use either the Streamlined Foreign…