IRS Shuts Down Overseas Tax Assistance Centers (TACs)

More than 6 million Americans live abroad and have an annual tax filing obligation with the IRS for either the US Individual Income Tax Return 1040 or FinCEN form 114 Report of Foreign Bank and Financial Accounts (FBAR).

More than 6 million Americans live abroad and have an annual tax filing obligation with the IRS for either the US Individual Income Tax Return 1040 or FinCEN form 114 Report of Foreign Bank and Financial Accounts (FBAR). Taxpayers living abroad will no longer have access to IRS Tax Assistance Centers to obtain guidance on questions they have in regards to these filing obligations. Taxpayers facing these issues should retain US representation with the technical capabilities, capacity and experience to provide overseas representation and advice on these complex filings.

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About Five Stone Tax Advisers

Five Stone Tax Advisers has years of experience negotiating directly with the IRS to get the best possible outcome. Our International Tax Advisory and Compliance unit has a team of tax attorneys, certified public accountants and enrolled agents that form a single sourced point of contact that will provide services for all the legal, compliance and financial reconstruction aspects of offshore account cases.

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