Streamlined Procedures News Today

What do you need to know about the IRS updated Streamlined Filing Compliance Procedures or "Streamlined Procedures?" Are you concerned about unreported or under-reported offshore...

Mark Anthony Gyetvay was convicted of failing to file a FBAR, making a false statement to the IRS, and willfully failing to file tax returns.

With the globalization of the U.S. economy, it is very common for U.S. person individuals such as citizens and residents to have international…

The United States tax rules can be very complicated and especially when international components are introduced into the mix, it can be downright…

When it comes to international information reporting penalties, the Internal Revenue Service does not play fairly. That is because international…

Over the past several years, the United States government has made foreign tax and reporting compliance key enforcement priorities. To best…

The Streamlined Offshore Procedures is a program developed by the IRS to allow non-willful Taxpayers to safely disclose their previously unreported…

When a Taxpayer has failed to properly report their foreign accounts, assets, investments, and income to the U.S. Government — and they are…

While there are many different types of international information reporting forms that US Persons may have to file to disclose their foreign accounts…

While Taxpayers may be required to file many different types of international information reporting forms each year in order to report their foreign…