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IRS Claims Tax Relief Coming for U.S. Citizens Living Abroad
2 pages
Published by
saravanan2
IRS Claims Tax Relief Coming for U.
S.
Citizens Living Abroad
Tax Resolution Services, Co.
, offers professional representation for Americans
interested in pursuing the IRS?s latest voluntary disclosure program.
Encino, CA, July 23,...
[More]
IRS Claims Tax Relief Coming for U.
S.
Citizens Living Abroad
Tax Resolution Services, Co.
, offers professional representation for Americans
interested in pursuing the IRS?s latest voluntary disclosure program.
Encino, CA, July 23, 2012 -- Attempting to step up its efforts to encourage
delinquent income tax filers to come forward and pay their taxes, the IRS has
announced a program to help some American citizens who are residing in a foreign
country to catch up on their back taxes without incurring penalties that are
traditionally levied against such filers.
While living abroad, U.
S.
citizens are
supposed to file Reports of Foreign Bank and Financial Accounts each year to
declare their income and pay taxes.
For some of those who have failed to do so, the
IRS is extending an olive branch.
?The economic downturn in this country has had a far-reaching impact not only on
citizens in America but also those who are living overseas,? said Michael Rozbruch,
founder and CEO of Tax Resol
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Tags
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rozbruch,
services,
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