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Simplify Your Tax Compliance with Streamlined Filing Procedures

Are you a US expat overwhelmed by the thought of catching up on years of missed tax filings?

Imagine a future where your tax status is clear, and you are compliant with US tax laws without the fear of hefty penalties. At Alderstone Group, we specialize in guiding US expats through the Streamlined Filing Compliance Procedures, helping you get back on track with minimal stress and maximum savings.

Why opt for Streamlined Filing Compliance Procedures?

Many US expats find themselves unintentionally non-compliant with US tax obligations due to the complexities of the tax system.

The Streamlined Filing Compliance Procedures offer a valuable opportunity to resolve these issues without incurring severe penalties. This program is designed for those who have not wilfully neglected their tax responsibilities, offering a more manageable path to compliance. By choosing the Streamlined Filing Procedures, you can significantly reduce your exposure to penalties that might otherwise be imposed for late or missed filings.

A straightforward process to meet your tax obligations with minimal hassle

The Streamlined Filing Procedures guide you through preparing 3 years of back tax returns and 6 years of FBARs, along with a statement explaining your non-willful conduct.

Completing this process ensures compliance with US tax laws, eliminating the risk of future penalties. It also brings financial clarity by making your tax situation transparent and up-to-date. Even after the streamlined process, ongoing annual US tax return filing is required if you remain a US citizen or resident. While back taxes and interest may still be owed, this program allows you to address past non-compliance without severe repercussions.

Understanding the Streamlined Filing Process

The Streamlined Filing Compliance Procedures involve submitting your delinquent tax returns and FBARs along with a statement that details your non-wilful behaviour.

Our team of tax professionals is here to assist you every step of the way, ensuring that your submissions are accurate and complete. We will help you navigate the process, making it as efficient and stress-free as possible.

Why choose us?

Your Personal CFO

Save time and money with your

dedicated CFO, your strategic ally for financial success.

Specialised UK & US Tax Services

Leave the tax headaches to us! Our experts specialise in preparing tax returns for US and UK taxpayers, turning tax season into a breeze.

Streamlined Automation

Free your business from manual accounting tasks with our expert automation using software and cloud accounting.

Frequently Asked Questions

What is the Streamlined Filing Compliance Procedure?

The Streamlined Filing Compliance Procedures is a program designed for US expats who have unintentionally failed to meet their tax obligations. It provides a way to become compliant without facing significant penalties.

How do I know if I’m eligible?

Eligibility requires that your failure to file was unintentional. We can help assess your situation to determine if you qualify for this program.

What do I need to do to get started?

You will need to submit three years of back tax returns and six years of FBARs, along with a statement explaining your non-deliberate conduct. Our team will guide you through each step of the process.

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Alderstone Group

4-5 Lochside Way
Edinburgh
EH12 9DT

Registered in Scotland No. SC646904 | VAT Registration No. 336 7553 79. Copyright © 2024 Alderstone Accountancy Limited. All rights reserved.