Regulate your situation with the IRS
There are roughly a million US citizens living in Canada. Many of them never worked in the USA, let alone step a foot across the border. That does not matter to the IRS who wants everyone to comply with their obligations nonetheless.
Are you one of the unfortunate individual that is in a situation similar to the one described above? Not knowing you needed to, you probably never thought of filing a US tax return before. If that is the case, you could be facing severe monetary penalties.
The good news is the streamlined procedure that was put forward by the IRS. The procedure allows you to catch up with the overdue tax filings without fear of undue penalties.
Because Canadian taxes are generally higher than their US counterpart, you should not be owing anything to the IRS. Completing the necessary paper work is thus the only thing standing between you and peace of mind. Although all the information is in the link above, the task at hand might be daunting for tax novice. If you need help with the process, do not hesitate to contact us.
Contact us to fix your situation right away.
More information on the Streamlined procedure
- Details
- Checklist
Are you one of the unfortunate individual that is in a situation similar to the one described above? Not knowing you needed to, you probably never thought of filing a US tax return before. If that is the case, you could be facing severe monetary penalties.
The good news is the streamlined procedure that was put forward by the IRS. The procedure allows you to catch up with the overdue tax filings without fear of undue penalties.
Because Canadian taxes are generally higher than their US counterpart, you should not be owing anything to the IRS. Completing the necessary paper work is thus the only thing standing between you and peace of mind. Although all the information is in the link above, the task at hand might be daunting for tax novice. If you need help with the process, do not hesitate to contact us.
Contact us to fix your situation right away.
More information on the Streamlined procedure
- Details
- Checklist