Something new (maybe) from the IRS for taxpayers residing outside the U.S. and who have NOT been filing tax returns and FBARs
Cross posted from RenounceUScitizenship. I intend to update this in the next few days based on comments. Looking forward to your thoughts. Interesting comment on “low compliance risk” and U.S. citizens abroad #OVDI #FBAR #FATCA federaltaxcrimes.blogspot.ca/2012/06/irs-an… Shows risk of June 26 IRS ann — U.S. Citizen Abroad (@USCitizenAbroad) June 30, 2012 Whatever this means