What is the risk of IRS prosecution? Unfortunately, we can’t answer that question properly. We want to inform and advise you as thoroughly and as neutrally as we can. The fact is that you have a tax obligation even if you are an American citizen living overseas.
We want you to have more knowledge on the topic and to make you aware of the obligation. Above all, we want to show you the route to good advice and to help you in becoming compliant. Increasingly, the Internal Revenue Service is forcing institutions to give up information on their account holders.
Do you want to know more about your US tax obligations? For example, do you know that the IRS has been informed about your financial assets and interests through FATCA legislation through your bank? Many fellow Americans (living and working outside of the US) are unaware of their tax liability in America. The Internal Revenue Service has a program for people abroad who are unaware of their tax obligations in the United States
If you have any questions about the IRS tax return and the US tax obligation you can contact Americans Overseas. Two dual nationals living abroad founded Americans Overseas. In the costly and exhausting process of finding the right experts, they realized they had not only accumulated a mountain of knowledge but also built up a solid network of tax and legal experts. This could be of great benefit to others in similar situations.
Americans Overseas informs and connects US persons to a select network of specialized US tax consultants to help them with the IRS tax return, avoid double taxation, and become compliant.