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How much longer will streamlined foreign offshore procedures be available?

The SFOP is a good deal. For those who qualify, after filing three years of tax returns and up to six years of FBAR, just for the years required; all accumulated penalties and interest are waived. But the IRS considers most expats to have had fair warning and the program is now in its final days. We recommend that those who qualify get their foot in the door as soon as possible before the program is canceled or changed.

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