Skip to main content

A Growing Number of Expats are Filing US Taxes

Page 1

A Growing Number of Expats are Filing US Taxes

Many US expats weren’t aware that they are required to file US taxes, however penalties for not filing can be steep. Furthermore, the IRS is being passed account and contact information by most foreign banks, as well as tax information from foreign governments, so Uncle Sam knows which expats should be filing. Thankfully though the Streamlined Procedure IRS amnesty program offers a penalty-free path to compliance that more and more expats are now choosing.

Via:

https://brighttax.com/blog/a-growing-number-of-american-expats-are-filing-us-taxes


Turn static files into dynamic content formats.

Create a flipbook
A Growing Number of Expats are Filing US Taxes by Billy Trail - Issuu