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Streamlined procedure

Catch up on unfiled taxes without penalties.
Avoid failure-to-file and FBAR penalties.
Regain financial peace of mind.
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Streamlined procedure

Why choose the streamlined procedure?

Start fresh: The program provides full penalty amnesty,
regardless of income level or time lapsed.

Streamlined filing compliance procedures allow taxpayers to

Streamlined filing compliance procedures allow taxpayers to:

  • Avoid penalties for non-willful non-compliance.
  • Catch up on unfiled tax returns and FBARs.
  • Protect future compliance and avoid complications with the IRS.
Who is this program for?

Who is this program for?

  • US citizens and green card holders living abroad.
  • Non-residents who meet eligibility requirements.
  • Individuals with non-willful non-compliance.

What does the streamlined procedure include?

3 Tax returns + 6 FBARs = NO penalties

Preparation of delinquent tax returns for last 3 years

Preparation of delinquent tax returns for last 3 years

Includes the forms: Form 1040, Form 2555 (Foreign Earned Income Exclusion), Form 1116 (Foreign Tax Credit), and more.

FBAR reporting for last 6 years

FBAR reporting for last 6 years

Ensure compliance with FinCEN Form 114 for foreign accounts exceeding $10,000.

Non-willful certification

Non-willful certification

Assistance with Form 14653 to certify non-willful non-compliance.

Payment calculation and submission

Payment calculation and submission

Calculate taxes owed and prepare for submission, including applicable interest.

How does the streamlined procedure work?

1

Eligibility assessment

Our experts review your situation to confirm eligibility for the streamlined procedure.

2

Document collection

Securely upload financial records, including account details and prior returns.

3

Filing preparation

We prepare all necessary tax returns, FBARs, and certifications, ensuring accuracy and compliance.

4

Submission & follow-up

We file your documents and handle all follow-ups with the IRS.

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Our special package pricing

Package details

For just $1,450, you get everything you need for the streamlined procedure:

  • Preparation and filing of 3 years of federal tax returns.
  • Submission of 6 years of FBARs.
  • Complete analysis of your situation and eligibility.

What’s included

Service Price Breakdown
Preparation of 3 federal tax returns $450 x 3 = $1,350
Filing of 6 FBARs $85 x 6 = $510
Eligibility analysis and consultation $150
Total (if purchased separately) $2,010
Special package price $1,450

Optional add-ons

Additional services Price
Preparation of non-willful certification for expats $300
Preparation of non-willful certification for US residents $500
Streamlined Domestic Offshore Procedure (SDOP) analysis $800
US paid preparer certification for bank compliance $150

Why work with TFX for streamlined filing?

20+ years of expertise image

20+ years of expertise

Trusted by over 50,000 clients worldwide since 2001.

90% retention rate image

90% retention rate

We build long-term relationships by delivering exceptional results.

Experienced professionals image

Experienced professionals

Work directly with our CPAs and EAs – no outsourcing or junior staff.

Full compliance guaranteed image

Full compliance guaranteed

Avoid penalties and protect your financial future.

Secure and transparent image

Secure and transparent

Easily manage your documents in our secure online portal.

Trusted by 50,000+ clients

Ready for streamlined filing compliance?

Frequently asked questions

1. Who is eligible for the streamlined procedure?

Taxpayers who have non-willfully failed to meet their US tax obligations and meet specific non-residency requirements may qualify.

2. How many years of tax returns and FBARs do I need to file?

You need to file the last 3 years of federal tax returns and 6 years of FBARs.

3. Will I owe penalties if I use the streamlined procedure?

No. The IRS waives penalties for eligible taxpayers who complete the streamlined procedure accurately.

4. What happens if I owe taxes?

Any unpaid taxes must be paid with interest at the time of submission.

5. Can TFX help if I have investments like PFICs?

Yes. Our experts specialize in handling complex cases involving foreign investments and reporting requirements.

Contact us
Message us on WhatsApp
Phone
EMAIL

success@tfx.tax

ADDRESS

276 5th Ave, St. 704, NY NY 10001

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