Expatriates – Ex Pat’s file Back Tax Returns – Former IRS Agents – Tax Attorneys, CPA’s, Former IRS Agents – Worry Free
If you are an Ex-Pat or you are working overseas you should be aware of the U.S. tax filing requirements.
Fresh Start Tax L.L.C. is a tax specialty firm specializing in Expatriates living overseas. We handle all areas of filing and tax compliance from the filing of all current tax returns, back or late filing of income tax returns and the settlements of back taxes that may be owed. We are IRS Tax Experts in Offers in Compromise.
We offer a no cost professional tax consultation.
Americans that are working overseas are usually aware that $70,000 of foreign earned income can be exempted when certain foreign residency requirements are met.
What is not obvious – Caution
It may not be so obvious, however, that every year a federal tax return should be filed reporting that income.
The reasons for Non- filing are numerous and vast.
Usually, United States IRS tax forms are not available and many of those forms are available but incomprehensible or the tax year for the employer is different from a calendar year so it’s hard to figure out income.
Many taxpayers are simply aware that a tax filing requirement even existed.
Reasonable Cause Does Exist-Get rid of the Penalties completely.
Reasonable cause can exist for a variety of reasons. Many times it is not always clear to the taxpayer that it is necessary to file a federal tax income tax return since it was not even known that there was a tax obligation. Many times taxpayers did not receive income reports or they depended on other third parties who gave them the wrong information.
Whatever the reason, it usually happens at some point that the taxpayer becomes aware of the fact that a U.S. tax return should have been filed and now the taxpayer is in default on that tax obligation to file current tax returns. Many find out they should have been filing many years of back taxes. Not to worry.
You can look at our website for a comprehensive list of of reasonable cause.
We are comprised of Board Certified Tax Attorneys, CPA’s and Former IRS Agents.
Expatriates, Ex-Pat’s File Back Tax Returns call us today. 1-866-700-1040
