OVDP Streamliner Express
OVDP Streamliner Express applies exclusively to non-willful taxpayers.
For Most Overseas Expats:
Virtually no penalty incurred.
Required: Correct filing of the most recent 6 years FBAR, along with 3 years of Income Tax returns.
Payment includes only tax liability plus interest; no penalty is applied.
For Most Other Taxpayers Residing in the United States:
5% penalty applied.
Required: Correct filing of the most recent 6 years FBAR, along with 3 years of Income Tax returns.
Payment includes only tax liability plus interest, with a 5% penalty.
Contact us for a consultation:
Tel: (646)-558-5887
Fax: (646)-807-2348
Email: info@nyexpatcpa.com