A taxpayer qualifies for this Delinquent FBAR Submission Procedures if she:
- She has not filed an FBAR;
- She is or was not under a civil examination/audit or a criminal investigation by the IRS; and
- She has not been contacted by the IRS about the delinquent FBARs.
Dealing with offshore accounts can be a complicated matter, and not selecting the correct disclosure method could have significant long-term repercussions on penalties. For a free consultation on these and other tax-related matters, please contact The Law Offices of Aaron P. Richter, a Bethesda-based firm with expertise in Tax Controversy, Business Formation, Estate Planning, and Tax Preparation.