Streamlined Disclosure For Unreported Foreign Income & Bank Accounts
A U.S. taxpayer engaged DeWitt Law after discovering his prior CPA never told him about FBAR and U.S. foreign-income and tax reporting. The Taxpayer was worried, confused, and facing the risk of steep penalties. DeWitt Law quickly jumped in, mapped out a clear path using the IRS’s streamlined disclosure process, and handled everything—from organizing foreign account records to preparing the right filings—to get the Taxpayer into full compliance. Our team presented a compelling, well-documented package that showed non-willfulness and the Taxpayer’s commitment to fix things the right way.
As a result, the Taxpayer was brought back into compliance while limiting penalty exposure and avoiding devastating multi-year, per-account penalties. The matter was resolved efficiently, giving the Taxpayer the peace of mind he needed to move forward.
If you’ve just learned about FBAR or foreign-income reporting—whether a CPA missed it or you’re unsure where to start—DeWitt Law provides the efficient, professional, and judgment-free help you need to protect yourself and close the chapter.