Tag: Unfiled Tax Returns

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IRS Gets an $80 Billion Budget Increase
The Inflation Reduction Act gives the IRS an additional $80 billion per year to increase services an [...]
IRS Voluntary Disclosure Program
IRS Voluntary Disclosure Program
The IRS Voluntary Disclosure Program (VDP) gives taxpayers a chance to avoid criminal tax charges by [...]
Form 3520: Reporting Foreign Trust
Form 3520: Reporting Foreign Trusts and Gifts for US Citizens
If you received transactions from foreign trusts or entities during the tax year, you may need to fi [...]
FATCA Reporting: Filing Form 8938
FATCA Reporting: Filing Form 8938
Offshore accounts were once the go-to option for Americans who wanted to hide money from Uncle Sam. [...]
What Are IRS Tax Liens?
What Are IRS Tax Liens?
If you have IRS back taxes that go unpaid for an extended period, you may be subject to IRS tax li [...]
IRS Tax Penalties
IRS Tax Penalties
Tax penalties can lead to many sleepless nights for taxpayers who owe the Internal Revenue Service ( [...]
Streamlined Foreign Offshore Procedures: Complete Guide 2021
SFOP is an IRS amnesty program for U.S. taxpayers with unreported offshore income. Successful applic [...]
Streamlined Domestic Offshore Procedures: Complete Guide 2021

SDOP is an IRS amnesty program for U.S. residents who have unreported foreign income.

What Triggers an IRS Audit?
These are some of the top IRS audit triggers that could cause a closer look at your return. See our [...]