Don’t Be Turned Down for Streamlined Procedures When Trying to Resolve FBAR Reporting Problems If you are thinking about enrolling in the Streamlined Domestic Offshore Procedures (SDOP) or Streamlined Foreign Offshore Procedures (SFOP) in order to resolve delinquent or unresolved FBAR reporting, you will need to be ready to write your “complete story.” That’s… Read more »
Tag: SDOP
New IRS FAQs for OVDP, SFOP and SDOP
New Rules for How to Establish Non-Willfulness for Streamline Program and Other FAQ Updates The most recent updates to the FAQs for the Streamlined Foreign Offshore Procedures (SFOP) and Streamlined Domestic Offshore Procedures (SDOP) have all the trappings of a celebrity scandal, but in fact they serve a far more practical purpose. We’ll get there in… Read more »