#reasonable cause

Chapter 16: Most “Form Crime” penalties can be abated if there is “reasonable cause”

This will be the shortest chapter. I am certain that after having read Chapter 15 about “Form Crime” and the possible penalties (usually $10,000 a form”) you will want to know how get “Form Crime Relief”. Speaking of $10,000 – the “Standard Form Crime Penalty” https://twitter.com/ExpatriationLaw/status/757338635012300801 It is important for you to know that: – “reasonable cause” does exist as a…

#IRS isolates Congress and US tax laws as the problems for #Americansabroad by providing penalty relief

IRS Eases Offshore Voluntary Disclosure Program for Non-willful Tax Evasion accountingtoday.com/news/irs_watch… – #OVDP harder and #Streamlined easier— U.S. Citizen Abroad (@USCitizenAbroad) June 18, 2014

  One June 4, 2014, I wrote a post speculating that that upcoming IRS amendments to the Streamlined and OVDP programs would likely provide relief for Green Card Holders resident in the U.S.…