SFOP vs. SDOP: Which IRS Streamlined Program Do You Qualify For?
If you are a US taxpayer with unreported foreign bank accounts or offshore income, the IRS Streamlined Filing Compliance Procedures offer a critical pathway to compliance without the threat of life-altering penalties. However, the program is split into two distinct tracks: the Streamlined Foreign Offshore Procedures (SFOP) and the Streamlined Domestic Offshore Procedures (SDOP). Choosing […]
