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How much longer will streamlined foreign offshore procedures be available?

· SFOP,SDOP,RELIEF PROCEDURES,AMNESTY

The Streamlined Foreign Offshore Procedure is a good deal. Failure to file penalties start in the five figures. But for those who qualify; after filing three years of returns and six years of FBAR, all accumulated penalties are forgiven.

Expats have had fair warning. We recommend that those who qualify get their file in the door as soon as possible while amnesty is still available.