4 Options to Help US Taxpayers with Unreported Foreign Income or Acc't

Post new topic

Spring BGuest08 May 2014 09:16:35

214245

Many US citizens with foreign financial interests feel stuck. They haven't been reporting all their income and accounts, and now they either have to wait for their foreign banks to report them to the IRS under FATCA, or to report themselves and face stiff penalties.
Aren't there any better options?
In fact, there are. The IRS offers four. bit.ly/USTaxOptions

elenaolga Member

Member since 02 May 2014

elenaolgaMember08 May 2014 10:15:43

Also, you can find more information on here : irs.gov/uac/2012-Offshore-Voluntary-Disclosure-Program

irs.gov/uac/2011-Offshore-Voluntary-Disclosure-Initiative

And how to make an Offshore Voluntary disclosure: irs.gov/uac/How-to-Make-an-Offshore-Voluntary-Disclosure

mugtech ViP

Member since 08 September 2012

mugtechViP06 June 2014 12:54:54

4444

Please do not forget the forms for 2013 must be e-filed by 6/30/14, there are no extensions

cher57 Member

Member since 25 November 2014

cher57Member25 November 2014 17:56:19

Hi
I have only just found out about this, I have been here on a green card for 5 years (from UK) and paid taxes on time.
I am hoping I don't get fined.
Thanks for the link, I have printed it out.

elenaolga Member

Member since 02 May 2014

elenaolgaMember25 November 2014 20:33:03

(Moderated: no free ads on the forum pls + register your company in the business directory)

Articles to help you in your expat project in the USA

The US taxation system
The United States presents numerous opportunities for those seeking to emigrate, be it through business ventures, ...
State Sales Tax Holidays
In the United States, some of the individual states started 鈥淪ales Tax Holidays鈥� a few years ago.
Dating in the USA
Dating anywhere in the world can be nerve-wracking, but dating in a foreign country can be especially ...
The American lifestyle
The United States is a vast country that is made up of a diverse group of people. Life, landscape, and culture can ...
Marriage in the United States
Marriage is a contract that commits two people emotionally, legally, and materially. In the US, both same-sex and ...
Using phones in the USA
Staying connected with loved ones while in the United States聽鈥� not to mention all the other reasons ...
Leisure activities in New York City
Regardless of the season or the weather, New York is a city that remains both vibrant and lively all year round. ...
The work culture in New York
The work culture in New York can significantly vary according to the type of structure, the size of the company, ...