IRS Streamlined Foreign Offshore Procedures

For people behind on U.S. returns or foreign-account reporting who need a structured catch-up path.

Our Canada U.S. cross border tax services are designed to guide clients through the unique complexities of tax obligations spanning both countries.

 

Discovery call — Confirm path.

Step 1

Book a free call to discuss your Streamlined Filing Compliance Procedure. We'll assess your needs and provide a tailored quote.

Scope & engagement — Written scope first.

Step 2

Startingat $6050. More complex situations are scoped individually. A consultation is the right starting point if you’re unsure what applies to your situation.

Gather → prepare → review → file

Step 3

We prepare your Streamlined returns with precision, ensuring nothing is missed before filing.

Streamlined Foreign Offshore Procedures Services

The Streamlined Filing Compliance Procedures allow eligible U.S. persons to come into compliance with unfiled returns and unreported foreign assets without facing the full penalties that would otherwise apply

Streamlined Foreign Offshore Procedures

$ 6050

Essentials cross-border Canada-U.S. tax returns

 

  • Preparation and filing of Form 1040 for the last 3 delinquent years
  • 6 years of FBAR
  • Preparation of the required to qualify for the program
  • Not included PFICs, Form 8938, 5471, business income, rental income, or state return
  • A one-time opportunity to get compliant, this program brings you fully up to date with the IRS

Complex Streamlined Foreign Offshore Procedures

Call for quote

  • More complex situations are scoped individually

What can change the scope

  • A spouse who also needs filings.

  • Self-employment. Schedule C preparation is $500 per business, per year.

  • Additional foreign reporting. Rental income, state returns, investments, or missing records.

 

Welcome to GEM Solutions Chartered Professional Accountant

Address: Calgary, AB

Phone: 403-879-6168

Email: info@gemsolutions.ca

Hours: Mon–Fri, 8 a.m.–5 p.m. MT

Contact us

Schedule a discovery call by booking below to discuss your tax situation. In this call, we'll gather information and offer a tailored quote for the services you require.