Eligibility Requirements
- Individual filing under this procedure will be required to certify that non filing was not willfull.
- The individual taxpayer is not under any civil or criminal investigation.
- Must have lived overseas at least 330 days in any of the preceding 3 calendar years.
About
Streamlined procedure was available from September 1, 2012 and several changes have been made over the years.
These procedure are available to individual who are delinquent in their tax filing and/or information returns. Their conduct was not willful and has to be certified.
Advantages of filing Streamlined Foreign Offshore Procedures of (SFOP)
- Highly cost-effective.
- You do not have to file all prior year tax returns.
- File 3 years of tax return, 6 year of FBARs and certify.
- Become compliant going forward.
- Avoid penalties.
What Next?
- Contact Us
- Get your information ready
- Send in your information
- You get a quote for the work needed.
- We begin your work tax prep.
Comments are closed