Requirement to File Informational Return Form 8621 Even If Below Filing Thresholds

While submitting the shareholder’s tax return (or, if applicable, partnership or exempt organization return), fill the Form 8621 as per instructions mentioned in it, attach it with return and file both by the due date, including extensions, of the return at the Internal Revenue Service Center where the tax return is required to be filed. …

Requirement to File Informational Return Form 8621 Even If Below Filing Thresholds Read More »

Domestic Streamlined Offshore & Certification Form 14654

Streamlined Program Overview The IRS streamlined program breaks down into two camps. 1. Streamlined Foreign Offshore Program (SFOP) 2. Streamlined Domestic Offshore Program (SDOP) – described herein The main difference between these two programs is that the first program bounds the taxpayer to comply non-residency test requirements. It has nothing to do with citizenship, or whether …

Domestic Streamlined Offshore & Certification Form 14654 Read More »