IRS offers tax relief for US citizens residing abroad who owe little tax! IRS offers tax relief for US citizens residing abroad who owe less than $1,500 in tax for a year and come voluntarily and file tax returns for the past 3 years along with the past 6 years of foreign account disclosure forms.
Clearly, according to the IRS, these taxpayers would have to pay back taxes along with interest, but these taxpayers will escape any potential penalties. |