Guides, explainers, and common questions for US expats navigating the Streamlined Filing Compliance Procedures and related IRS programs.
August 18, 2026
A complete guide for Americans in South Korea behind on US tax filings. Covers Streamlined Foreign Offshore Procedures (SFOP), 0% penalty rules, FBAR disclosures, and Korean pension/severance catch-up items.
August 8, 2026
The IRS withdrew the Delinquent FBAR Submission Procedures in July 2026. The statutory reasonable-cause exception remains, along with other filing procedures.
August 8, 2026
A hedge fund manager renounced US citizenship in 2022 and was sentenced to 37 months in July 2026. The case involved false returns, hidden accounts, and a false expatriation statement.
July 18, 2026
Why some foreign banks close US citizens' accounts under FATCA, practical first steps, and why closure does not erase US reporting history.
July 18, 2026
Possible consequences of not answering a bank's FATCA letter, including restrictions, closure, and reporting, plus the US filing issues to review.
June 6, 2026
How FATCA reporting can provide the IRS with information about US accounts abroad, and why an unfiled income-tax year can remain open for assessment.
June 6, 2026
Owing no US income tax does not itself remove a filing obligation. Learn how filing thresholds, the FEIE, tax credits, and foreign-account reporting differ.
May 27, 2026
A guide on US tax reporting obligations for US citizens residing in Canada. Covers the tax treatment of TFSAs, RRSPs, GICs, and Canadian mutual funds.
May 27, 2026
A guide on complex FBAR and FATCA compliance rules for US citizens living abroad. Covers aggregate balances, signature authority, spouses, and Wise accounts.
May 27, 2026
Why a current-year filing does not resolve earlier gaps, what the IRS Streamlined Procedures require, and what their penalty terms cover.
May 27, 2026
A practical guide to FATCA documentation requests, possible bank responses, and the separate US filing issues a recipient may need to review.
May 27, 2026
A guide to the tax implications of renouncing US citizenship: the Exit Tax, covered expatriate status, Social Security, and pension treatment.
May 27, 2026
A professional guide on US tax obligations for remote workers and digital nomads. Covers the FEIE tax-home rules, self-employment taxes, and FBAR requirements.
April 23, 2026
What catching up via the Streamlined Filing Compliance Procedures actually costs: what you pay the preparer, the IRS, and what drives the cost.
April 23, 2026
A calm, practical guide for Americans abroad who just learned they missed US tax filings. Five steps in order, plus what not to do.