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The IRS developed the Streamlined Filing Compliance Procedure to help taxpayers catch up on taxes and expanded their services to help Americans overseas file overdue US tax returns. If you qualify, you will not be subject to penalties such as failure-to-pay, failure-to-file, or FBAR penalties!
Also, the program allows you to file amended returns to claim missed returns on qualified foreign pension plans. To complete the procedure, you need to file 3 years of tax returns, and 6 FBARs without any failure-to-file or FBAR penalties.
MyExpatTaxes is the most affordable and quickest way to use the Streamlined Procedure. 💸
🇺🇸 Helpful US Expat Tax Tips 🇺🇸
The Streamlined Procedure for Expats:
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How to Not Get in Trouble with the IRS:
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Missed the Expat Tax Deadline? Here’s What to Do:
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Intro - 00:00 - 0:44
About The Streamlined Procedure - 00:45 - 1:28
Are You Eligible? - 1:29 - 2:45
How It's Done 2:46 - 3:51
How MyExpatTaxes Can Help 3:52 - 4:36
