Topic: fbar compliance

Filing Back Taxes as a US Expat: A Guide to the Streamlined Procedures

You’re out there living your life. Building a career in a new city, maybe starting a family, finally getting the hang of the local language. Life abroad is what you made it. Then it hits you. A stray comment from another expat at a cafe or a late-night Google search sends a wave of pure, cold panic through your system: as a U.S. citizen, you were supposed to be filing U.S. taxes and reporting your foreign bank accounts this whole time.