Our Expertise in IRS Compliance Programs
The IRS offers specific programs designed to assist taxpayers in becoming compliant without facing harsh penalties. Two key programs for delinquent filers are the Streamlined Filing Compliance Procedures and the Delinquent FBAR Submission Procedures. Our firm has a unique specialization in guiding clients through these processes, leveraging them to your advantage to mitigate potential penalties and ensure a clean slate with the IRS.
Streamlined Filing Compliance Procedures
The Streamlined Filing Compliance Procedures are designed for US taxpayers, including expatriates, who have unintentionally failed to report foreign financial assets and pay all tax due in respect of those assets. This program offers a way to file or amend back taxes with reduced or no penalties for eligible taxpayers.
Delinquent FBAR Submission Procedures
The Report of Foreign Bank and Financial Accounts (FBAR) is a critical filing for many expatriates. The Delinquent FBAR Submission Procedures allow taxpayers who have not filed a required FBAR to catch up on filings without incurring penalties, provided they have not been contacted by the IRS about a missed FBAR submission and have no unpaid tax obligations.
How We Can Help
At U.S, Tax Services, we understand the complexities of tax compliance for Americans living abroad. Many expats find themselves behind on their US tax obligations for various reasons, whether it’s a lack of understanding of their filing requirements or simply losing track of time. If you’re a year late or have never filed a US tax return, our team is here to help you navigate the path back to compliance with confidence and ease.
Comprehensive Evaluation
We start by assessing your specific situation, including years of non-filing and the types of foreign assets involved, to determine the best path forward.
Streamlined Procedure Guidance
Our team will guide you through the Streamlined Filing Compliance Procedures, ensuring your application is complete, accurate, and presents your case favorably.
Delinquent FBAR Filings
We assist with the preparation and submission of any delinquent FBARs, navigating the nuances of the Delinquent FBAR Submission Procedures to minimize exposure to penalties.
Back Tax Filing and Amendments
Whether you need to file late returns or amend previously filed returns, we prepare your documents with an eye towards accuracy and compliance, leveraging our deep understanding of expatriate tax law.
Ongoing Support and Compliance
Beyond getting you caught up, our goal is to set you on a path of continuous compliance, providing ongoing advice and support to prevent future filing issues.
Why Choose US?
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Specialized Expertise: Our focus on US expatriate tax services means we’re intimately familiar with the challenges and solutions related to delinquent filings.
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Proven Track Record: We’ve successfully assisted many clients in returning to good standing with the IRS through these programs.
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Confidential and Compassionate Service: We understand the stress associated with tax compliance issues and approach every case with confidentiality and understanding.
Take the Next Step
Don’t let past tax filing errors define your future. Contact USTS today to schedule a consultation and learn how we can assist you in becoming fully compliant with US tax laws. Our team is ready to provide the guidance and support you need to resolve your tax issues and enjoy peace of mind as a US expatriate.
