Streamlined Filing Compliance Procedures

Streamlined Filing Compliance Procedures:  When a person has undisclosed foreign accounts, assets, investment and/or income and has not previously disclosed to the IRS, they may qualify for the Streamlined Filing Compliance Procedures (SFCP).

Under these procedures, a person may qualify for a reduced 5% title 26 miscellaneous offshore penalty — or even a penalty waiver.

SFCP is also referred to as:

  • Streamlined Procedures
  • Streamlined Procedure
  • Streamlined Offshore Procedures
  • Streamlined Voluntary Disclosure
  • Streamlined Disclosure
  • Offshore Streamlined Filing
  • IRS Streamlined Filing

Learn more about the Streamlined Domestic Offshore Procedures and the Streamlined Foreign Offshore Procedures.

Golding and Golding, Board-Certified Tax Law Specialist

Golding and Golding, Board-Certified Tax Law Specialist

Golding & Golding: Our international tax lawyers practice exclusively in the area of IRS Offshore & Voluntary Disclosure. We represent clients in 70+ different countries. Managing Partner Sean M. Golding is a Board-Certified Tax Law Specialist Attorney (a designation earned by < 1% of attorneys nationwide.). He leads a full-service offshore disclosure & tax law firm. Sean and his team have represented thousands of clients nationwide & worldwide in all aspects of IRS offshore & voluntary disclosure and compliance during his 20-year career as an Attorney.

Sean holds a Master's in Tax Law from one of the top Tax LL.M. programs in the country at the University of Denver. He has also earned the prestigious IRS Enrolled Agent credential. Mr. Golding's articles have been referenced in such publications as the Washington Post, Forbes, Nolo, and various Law Journals nationwide.
Golding and Golding, Board-Certified Tax Law Specialist