The Internal Revenue Service has issued new procedures to help nonresident U.S. taxpayers, including dual Canadian citizens, comply with U.S. tax laws even if they have previously undeclared foreign ...
Just in time for the Foreign Account Tax Compliance Act (FATCA), which goes into effect July 1, the IRS announced changes to its streamlined filing compliance procedures and its Offshore Voluntary ...
The IRS quietly removed last week one of the four options to correct for return errors in the international space. The removed program, the Delinquent Information Submission Procedure, provided an ...
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