Streamlined Foreign
Offshore Procedures
Streamlined Foreign Offshore Procedures
The Streamlined Foreign Offshore Procedures are designed for taxpayers whose failure to report foreign income or accounts was non-willful.
Margolies Law Office helps eligible taxpayers use the streamlined process to correct past reporting issues while minimizing penalties.
Who Qualifies for Streamlined Procedures
You may qualify if:
- Your failure to report foreign income was non-willful
- You did not intentionally attempt to evade taxes
- You are able to certify that the reporting errors were due to negligence, misunderstanding, or oversight
The IRS requires amended tax returns and FBAR filings for specific prior years, along with a signed certification explaining the non-willful conduct.
Benefits of the Streamlined Program
For eligible taxpayers, streamlined procedures may significantly reduce or eliminate certain penalties compared to traditional enforcement.
However, the certification statement must be accurate and carefully prepared. An incorrect or inconsistent submission may trigger further scrutiny.
Strategic Compliance Matters
Choosing between Streamlined Procedures, the Voluntary Disclosure Program, or other compliance options requires careful legal analysis.
With over 10 years of experience and more than 450 clients assisted, Margolies Law Office evaluates international reporting cases and guides taxpayers toward the most appropriate resolution path.
If you have unreported foreign accounts or income and believe your conduct was non-willful, call (469) 626-7760 to schedule a confidential consultation with Margolies Law Office.
TESTIMONIALS
“ Andrew Margolies did a great job for my mom who had paid her taxes, but the IRS failed to associate the payment with her account. She kept getting letters demanding payment with accrued interest and fees even though they had cashed her check.
After Andrew started working on it, the letters stopped. We were notified there had been a credit to my mom’s account, and finally the payment was properly applied with a zero balance. She is even receiving a refund.
We’re very happy with Andrew and would highly recommend him.”
T B.
“I came to Andrew Margolies with a significant IRS issue that I had been losing sleep over for months. I spoke with Jennifer on the phone, got in the same day for a consultation, and had a full resolution within 2 business days for a reasonable price. Andrew did exactly what he said he was going to do and provided me with a thorough resolution.
Being 9 months pregnant, Andrew was extremely sensitive to my timeline urgency and was on the phone with me at 5pm on a Friday helping me with my case.
Before meeting with Andrew, I called around to 10 different offices. All of those interactions felt like a sales funnel and a money grab. I can’t explain the relief I have having chosen to work with Andrew and having a resolution within days. We’re absolutely thrilled with the value and the experience.”
C S.
“100% recommended. I had a problem regarding my tax return since the beginning of 2023 and had been trying to follow up myself until 2025 with no progress. I decided to work with Attorney Andrew and Jennifer and in less than a month my problem was solved.
Attorney Andrew is very knowledgeable with reasonable fees and Jennifer is very responsive to all requests and questions. Most importantly they have business ethics. I will not look further if I have any more tax problems.”