2021 Streamlined Foreign Offshore Procedures SFOP
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Streamlined Foreign Offshore Procedures (SFOP) The Streamlined Foreign Offshore Procedures is IRS offshore compliance program for non-U.S. residents — such as expats and accidental Americans.
The purpose of the program is to bring foreign residents into compliance for reporting foreign accounts, assets, investments and income. For the past few years, the Internal Revenue Service has been taking an aggressive approach to foreign accounts compliance. When a person has unreported offshore accounts, they may become subject to various IRS offshore penalties, such as FBAR penalties.
But, by submitting to the streamlined foreign offshore procedures, non-residents and expats can avoid all Title 26 Miscellaneous Offshore Penalties.
Our tax and legal team successfully handle streamlined filing submissions (Streamlined Domestic and Streamlined Foreign) for clients located all over the world.
Видео 2021 Streamlined Foreign Offshore Procedures SFOP канала Golding & Golding International Tax Lawyers
Streamlined Foreign Offshore Procedures (SFOP) The Streamlined Foreign Offshore Procedures is IRS offshore compliance program for non-U.S. residents — such as expats and accidental Americans.
The purpose of the program is to bring foreign residents into compliance for reporting foreign accounts, assets, investments and income. For the past few years, the Internal Revenue Service has been taking an aggressive approach to foreign accounts compliance. When a person has unreported offshore accounts, they may become subject to various IRS offshore penalties, such as FBAR penalties.
But, by submitting to the streamlined foreign offshore procedures, non-residents and expats can avoid all Title 26 Miscellaneous Offshore Penalties.
Our tax and legal team successfully handle streamlined filing submissions (Streamlined Domestic and Streamlined Foreign) for clients located all over the world.
Видео 2021 Streamlined Foreign Offshore Procedures SFOP канала Golding & Golding International Tax Lawyers
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2 января 2021 г. 9:35:34
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