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Effectively avoid prosecution by self-reporting your prior tax violations to the IRS by taking advantage of the IRS Overseas Voluntary Disclosure Program. Overseas Voluntary Disclosure participants would generally be subject to a 27.5 percent “offshore” penalty in lieu of various other penalties, including FBAR civil and criminal penalties which includes Jail time. Voluntary disclosures are extremely sensitive and complex and they are subject to strict rules and guidelines. IRS Overseas Voluntary Disclosure applies to citizen who:
MyTaxFiler provides a complete insight into the tax code that applies to Resident Individuals in the United States, including Green Card Holders and US Citizens. It also assists its customers with:
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