{"id":6311,"date":"2021-08-04T21:31:06","date_gmt":"2021-08-04T21:31:06","guid":{"rendered":"https:\/\/www.expattaxcpas.com\/new\/?page_id=6311"},"modified":"2021-12-01T11:01:56","modified_gmt":"2021-12-01T11:01:56","slug":"filing-late-tax-returns","status":"publish","type":"page","link":"https:\/\/www.expattaxcpas.com\/new\/filing-late-tax-returns\/","title":{"rendered":"Late Filing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6311\" class=\"elementor elementor-6311\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-93e745d elementor-section-content-middle elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"93e745d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-adab2ce\" data-id=\"adab2ce\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-53ce78d elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default\" data-id=\"53ce78d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bf93d08\" data-id=\"bf93d08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5763914 elementor-widget__width-initial elementor-invisible elementor-widget elementor-widget-icon-box\" data-id=\"5763914\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tFallen behind in filing and worried about IRS penalties? With vast experience in amnesty programs, we at Expat Tax Cpas will get you caught up with your filing in no time. Relief is available with the \u2018Streamline program\u2019. With our capable team at your call, you will regain your peace of mind.\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4818c74 animated-slow elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"4818c74\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInDown&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Late Filling<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d839278 elementor-hidden-mobile elementor-hidden-tablet\" data-id=\"d839278\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-608943d elementor-widget__width-initial elementor-absolute elementor-widget elementor-widget-image\" data-id=\"608943d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"200\" height=\"200\" src=\"https:\/\/www.expattaxcpas.com\/new\/wp-content\/uploads\/2021\/06\/income-taxt-resturns-icons-1.svg\" class=\"attachment-full size-full wp-image-4148\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fc6b588 elementor-widget__width-initial elementor-absolute elementor-widget elementor-widget-html\" data-id=\"fc6b588\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n    .container{\r\ndisplay: flex;align-items: center;justify-content: center;flex-direction: column; width: 100%; text-align: center; margin: 0% 0;align-items: center;\r\n  \r\n}\r\n\r\n.elipse-i-1{\r\n\t\r\nwidth: 650px;\r\nheight: 650px;\r\nbackground: #FFFFFF;\r\nopacity: 0.05;\r\nbox-shadow: 0px 4px 25px rgba(0, 0, 0, 0.07);\r\n  border-radius:50%;\r\n  \tanimation: pw-elipse 3s infinite linear;\r\n\r\n}\r\n\r\n\r\n@keyframes pw-elipse {\r\n\t0% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n  \r\n\t70% {\r\n\t\ttransform: scale(1);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n\t\r\n\t100% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n}\r\n\r\n<\/style>\r\n\r\n<div class=\"container\">\r\n<div class=\"elipse-i-1\"><\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95c1ea1 elementor-widget__width-initial elementor-absolute elementor-widget elementor-widget-html\" data-id=\"95c1ea1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n    .container{\r\ndisplay: flex;align-items: center;justify-content: center;flex-direction: column; width: 100%; text-align: center; margin: 0% 0;align-items: center;\r\n  \r\n}\r\n\r\n.elipse-i-2{\r\n\t\r\nwidth: 500px;\r\nheight: 500px;\r\nbackground: #FFFFFF;\r\nopacity: 0.05;\r\nbox-shadow: 0px 4px 25px rgba(0, 0, 0, 0.07);\r\n  border-radius:50%;\r\n  \tanimation: pw-elipse 3s infinite linear;\r\n\r\n}\r\n\r\n\r\n@keyframes pw-elipse {\r\n\t0% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n  \r\n\t70% {\r\n\t\ttransform: scale(1);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n\t\r\n\t100% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n}\r\n\r\n<\/style>\r\n\r\n<div class=\"container\">\r\n<div class=\"elipse-i-2\"><\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c577e4 elementor-widget__width-initial elementor-absolute elementor-widget elementor-widget-html\" data-id=\"4c577e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n    .container{\r\ndisplay: flex;align-items: center;justify-content: center;flex-direction: column; width: 100%; text-align: center; margin: 0% 0;align-items: center;\r\n  \r\n}\r\n\r\n.elipse-i-3{\r\n\t\r\nwidth: 350px;\r\nheight: 350px;\r\nbackground: #FFFFFF;\r\nopacity: 0.05;\r\nbox-shadow: 0px 4px 25px rgba(0, 0, 0, 0.07);\r\n  border-radius:50%;\r\n  \tanimation: pw-elipse 3s infinite linear;\r\n\r\n}\r\n\r\n\r\n@keyframes pw-elipse {\r\n\t0% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n  \r\n\t70% {\r\n\t\ttransform: scale(1);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n\t\r\n\t100% {\r\n\t\ttransform: scale(0.95);\r\nbox-shadow: 0 0 0 10px rgba(142, 68, 173, 0);\r\n\t}\r\n}\r\n\r\n<\/style>\r\n\r\n<div class=\"container\">\r\n<div class=\"elipse-i-3\"><\/div>\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-97ab318 elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"97ab318\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5190810\" data-id=\"5190810\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b1e444 elementor-widget elementor-widget-button\" data-id=\"8b1e444\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.expattaxcpas.com\/new\/services\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"18\" viewBox=\"0 0 18 18\" fill=\"none\"><path d=\"M7.37782 3.44032C7.6524 3.16573 8.0976 3.16573 8.37218 3.44032C8.64677 3.7149 8.64677 4.1601 8.37218 4.43468L4.50999 8.29688H15.1875C15.5758 8.29688 15.8906 8.61167 15.8906 9C15.8906 9.38833 15.5758 9.70312 15.1875 9.70312H4.50999L8.37218 13.5653C8.64677 13.8399 8.64677 14.2851 8.37218 14.5597C8.0976 14.8343 7.6524 14.8343 7.37782 14.5597L2.31532 9.49718C2.04073 9.2226 2.04073 8.7774 2.31532 8.50282L7.37782 3.44032Z\" fill=\"#5C5C5C\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Back<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fffa827\" data-id=\"fffa827\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37d1fb3 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"37d1fb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInDown&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">HOW TO CATCH UP ON YOUR FILING WITHOUT PENALTIES<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c660aa elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"9c660aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">There are many people who are unaware that they have a tax filing obligation to the United States, and this is because the US taxes <\/span><b>all <\/b><span style=\"font-weight: 400;\">citizens on their <\/span><b>worldwide<\/b><span style=\"font-weight: 400;\"> income, regardless of their place of residence.<\/span><\/p><p><span style=\"font-weight: 400;\">This means that a US citizen can be born and reside in another country, work locally and pay taxes to their local government, and yet, still be required by law to report annual income to the US.<\/span><\/p><p><span style=\"font-weight: 400;\">Over the last ten years, many more people have become aware of their filing obligation to the US. This is a result of the Foreign Account Tax Compliance Act (<a href=\"https:\/\/www.expattaxcpas.com\/new\/foreign-account-tax-reporting\/\" target=\"_blank\" rel=\"noopener\">FATCA<\/a>) that was passed in 2010. This act addressed the reporting of foreign financial accounts to the US. As a result, OECD member nations committed to international taxation standards frequently referred to as CRS (common reporting standards). Banks in member OECD countries are now involved in the automatic information sharing initiative.\u00a0 These banks are required to actively gather information on the foreign status of their account holders. Banks began to request of their clients to fill in forms, such as the W-9 form stating their status as US citizens and asking them to confirm that they were compliant with their tax filing obligation. Suddenly, US Expats realized that indeed they had a tax filing obligation to the US which had not been met. As these requests by banks became more widespread, more and more Expats were made aware of their obligation and the question many asked was \u2018now what?\u2019<\/span><\/p><p><span style=\"font-weight: 400;\">The IRS answered that question in 2012 with its launch of the <a href=\"https:\/\/www.expattaxcpas.com\/new\/streamline-program\/\" target=\"_blank\" rel=\"noopener\">Streamline Offshore Program<\/a> as a means of allowing taxpayers to make up for their filing delinquency and become compliant. This program was further developed over the next few years. It includes filing three years back of delinquent tax returns and six years of Fbars. One must also sign a certification of non-willful conduct. Entering into this program allows taxpayers to come clean without having to pay any penalties for delinquency or late filing of past returns or Fbars. This has been a huge relief to many taxpayers as the penalties can be high, with Fbar penalties up to 50% of the taxpayer\u2019s foreign bank account balance.<\/span><\/p><p><span style=\"font-weight: 400;\">One needs to have been physically outside of the US for at least one full year of the last three delinquent tax years (years in which the tax filing due date for the calendar tax year has passed) in order to be eligible. If one had a US abode during that year, it would disqualify him from entering into the Streamline Offshore Program. A person\u2019s abode is considered to be the place of his family, economic and personal ties.\u00a0 Additionally, the individual must demonstrate that his filing delinquency was unintentional and non-willful.\u00a0\u00a0<\/span><\/p><p><span style=\"color: var( --e-global-color-7e90f55 );\">The IRS recently ended the DIIRSP which stands for Delinquent International Information Return Submission Procedures, which was one of its amnesty programs for international taxpayers. This program allowed Expats to get up to date with their tax filing while avoiding penalties for years not filed due to reasonable cause.<\/span><\/p><p><span style=\"font-weight: 400;\">This serves as a reminder that the IRS amnesty programs were not made to remain permanent and can be discontinued at any time. For international taxpayers who are not up to date with their tax filing this should serve as a wakeup call to take the necessary steps to becoming compliant.<\/span><\/p><p><span style=\"font-weight: 400;\">It is unknown until when the Streamline Program will be available. It is therefore advisable to enter into this program while it is still an option, to be able to become compliant while avoiding penalties. As the IRS continues to crack down on international tax evasion, Expats are urged to take the necessary steps to become compliant while this program still exists.\u00a0\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fallen behind in filing and worried about IRS penalties? With vast experience in amnesty programs, we at Expat Tax Cpas will get you caught up with your filing in no time. Relief is available with the \u2018Streamline program\u2019. With our capable team at your call, you will regain your peace of mind. Late Filling Back [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"nf_dc_page":"","inline_featured_image":false,"footnotes":""},"class_list":["post-6311","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/pages\/6311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/comments?post=6311"}],"version-history":[{"count":5,"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/pages\/6311\/revisions"}],"predecessor-version":[{"id":9314,"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/pages\/6311\/revisions\/9314"}],"wp:attachment":[{"href":"https:\/\/www.expattaxcpas.com\/new\/wp-json\/wp\/v2\/media?parent=6311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}