We specialize in US taxes for Americans living abroad, with clients in over 50 countries.
Why File?
1. Legally required – US persons are required to report on worldwide income
2. Most expats don’t owe any US taxes – take advantage of exemptions and/or credits
3. Child Tax Credit – taxpayers with kids may be able to claim a tax refund even though they did not pay any US taxes
Risks Of Not Filing
1. World is getting smaller (due to FATCA) – easier for the IRS to identify non-filers
2. Penalties – exposure to costly and unnecessary penalties and interest
3. Passport renewal – an increasing # of embassies are checking applicants against the IRS database
IRS Streamlined Procedures
Streamlined Procedures is the best option for most expats to catch-up on back tax returns (3 or more years behind). Penalties are usually waved. Take advantages of this program while it’s still available.
Program Highlights:
File last 3 years of tax returns (regardless # of years of overdue, unfiled tax returns)
Submit certification form
File last 6 years of FBARs (only as applicable) – Foreign Financial Account Report
Hola Expat has extensive experience with the IRS Streamlined Procedures program. We offer the best combination of expertise and price.
Why choose Hola Expat?
Expertise
Sensible Prices
Our fees are very affordable.
Compare us to other tax accountants.
Client Relationship #1
Our tax professionals are committed to quality work, and passionate about customer service.
How We Work
Meet Your Accountant
Your accountant will contact you to discuss your personal tax situation.
Send Tax Documents
You upload tax documents to a shared folder.
Tax Prep Underway
Tax return is prepared accurately (and in a tax optimized manner).
Draft Completed
Tax return is ready for review. Payment request is sent.