Late Filing

Owe The IRS? Then You Won’t Be Traveling Abroad!

Do you plan to travel abroad but your passport is about to expire? And, you owe the IRS? Or, may be you are one of the American expats that hasn’t filed a tax return since you moved abroad? Well, embrace yourself for some unpleasant surprises like a passport denial or...
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Voluntary Disclosure, John Doe Summons and Undisclosed Offshore Accounts

The IRS is counting major victories in finding undisclosed offshore accounts and non-compliant taxpayers. The information is coming from various sources: FATCA, Offshore Voluntary Disclosure Program, whistle-blowers, ISIJ report about offshore banking accounts and “John Doe” Summons. We earlier wrote an article about IRS Voluntary Disclosure Program. The Offshore Voluntary...
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