US Tax Services Explained

Individual income tax return for US citizens
If you are a US citizen or "resident alien" (who meets certain tests), you must still file your income, estate and gift tax returns with the IRS. Your worldwide income is subject to US income tax, regardless of where you live. You must file the required documents even if you do not have to pay any tax. You may, for instance, be able to exclude or deduct costs such as housing.
Penalties
If you do not file a required tax return by the due date, the IRS may charge you a penalty for failing to file plus an interest penalty on the taxes you owe. Interest will also accrue on any unpaid balance from the day the return was due.
Missed the due date for previous years?
Taxbrella can start Streamlined Filing Compliance Procedures with the IRS for you, to correct unreported offshore and foreign assets for previous years. You may qualify for penalty relief or a first-time penalty abatement (FTA) waiver and legally avoid a penalty for prior non-compliance.
Filing the past due tax return with the IRS
Having past-due tax returns is a serious issue with the IRS. The IRS keeps a record of taxpayers who are required to file but don't. Based on prior tax records, the IRS may file a return for you without any credits or deductions in your favor. This so-called substitute tax return will result in (extra) taxes and fines. Taxbrella can file your U.S. past-due tax returns and help you avoid expensive penalties and stiff interest charges.
Taxbrella U.S. Tax Return Service
More than 10 years of experience serving the international community in the Netherlands. Today, the largest tax advisory business for internationals everywhere. You pay a fixed fee, which gives you unlimited access to our resources. No additional cost for extra hours will be invoiced and services are conveniently based online.