Streamlined Filing - US Expat Back Taxes (Do Not Panic)

Описание: Discover how the Streamlined Foreign Offshore Procedures can ease the burden of US tax compliance for expatriates and foreign residents. In this in-depth guide, we'll explore the key dates, necessary tax forms, and provide two real-life examples to help you understand this streamlined process better.

Key Dates:

Streamlined Filing Deadline: No specific deadline, but it's essential to act promptly upon discovering non-compliance.
Standard Tax Filing Deadlines may apply for amended returns if needed.
Tax Forms:
Learn about crucial tax forms including:

Form 14653: Certification by US Person Residing Outside the United States for Streamlined Foreign Offshore Procedures
Form 14654: Certification by US Person Residing in the United States for Streamlined Domestic Offshore Procedures
Form 1040: US Individual Income Tax Return (if additional tax is due)
Examples:

Example 1: An expatriate who failed to report foreign financial assets while living abroad.
Example 2: A US citizen living overseas who was unaware of their obligation to file US tax returns.
Hashtags:
#StreamlinedProcedures #USExpats #ForeignOffshore #TaxCompliance #IRS

Use our free US/UK tax calculators: https://www.optimiseaccountants.co.uk
Need to file UK or US tax returns? Let us know here https://www.optimiseaccountants.co.uk...
Transfer US$ and UK without the high commission and fees: https://www.currenciesdirect.com/regi...
Book UK tax consultations: Use code YouTube15 to get a 15% discount https://optimiseaccountantsltd.as.me/...
Get an US & International tax advice - Use code YouTube15 to get a 15% discount: https://optimiseaccountantsinc.as.me/...

Get UK / US Property Investment Advice: https://optimiseaccountantsltd.as.me/...

US specific support
Open a UK or US bank account: https://wise.prf.hn/click/camref:1100...
Apply for an Individual Tax Identification Number (ITIN): https://www.optimiseaccountants.co.uk...
File backdated US taxes to the IRS: https://www.optimiseaccountants.co.uk...
Get a Cost Segregation study on US Real Estate Property: https://zjf538.isrefer.com/go/csf/Opt...
Set up a US LLC company: https://www.optimiseaccountants.co.uk...
Set up a US C Corporation: https://www.optimiseaccountants.co.uk...
Want reliable UK/US pension advice: https://planfirstwealth.com/

UK Specific
Set up a UK limited company: https://www.optimiseaccountants.co.uk...
Open a UK business and personal bank account and get £50: https://www.tide.co/partners/optimise...
Get a Stamp Duty (SDLT) refund: https://www.optimiseaccountants.co.uk...
Claim Capital Allowances on Furnished Holiday Lets (FHL): https://www.optimiseaccountants.co.uk...