Any individual eligible to use these Streamlined Foreign Offshore Procedures and comply with all of the instructions will not be subject to failure-to-file and failure-to-pay penalties, accuracy-related penalties, information return penalties, or FBAR penalties. To submit tax returns via the IRS Streamlined Foreign Offshore Procedures, the taxpayer must include Form 14653 Certification by US Person Residing Outside of the US with their tax returns. This form requires that a statement provides specific reasons for the failure to report all income, pay all taxes, and submit all required information returns, including FBARs, on time. We regularly assist clients who either have not filed any tax returns or have been filing them, but they were incorrect. Contact us if you would like more information.