STREAMLINED PROCEDURE (SFOP/SDOP)

Have you failed to file your U.S. tax returns or FBARs until now due to non-willful reasons—such as not knowing the requirements, making an honest mistake, or simply missing the deadlines? Are you aware that you need to file, but hesitant because you’re worried about potential penalties for past non-filings?

Relieve your concerns by taking full advantage of the IRS Streamlined Procedure, a program designed specifically for non-willful taxpayers.

UNCLE SAM is the largest Korean-owned U.S. individual tax professional firm specializing in international taxation, with over 1,000 Streamlined Procedure cases successfully completed through the end of 2024—without a single IRS rejection.

Filing 3 years of tax returns

6 years of FBARs

Penalty Relief No Failure-to-File Penalty No FBAR Penalty

Penalty Relief

If you apply for the Streamlined Foreign Offshore Procedures (see eligibility requirements below): You may receive full relief from both the failure-to-file tax penalty and the FBAR penalty.
If you apply for the Streamlined Domestic Offshore Procedures: You may receive a reduced FBAR penalty.
If you apply for the Streamlined Domestic Offshore Procedures: Non-filing issues for tax years prior to the covered streamlined years are legally forgiven.

Eligibility Requirements

Streamlined Foreign Offshore Procedures (SFOP)Streamlined Domestic Offshore Procedures (SDOP)
ELIGIBILITYIndividuals who, during at least one of the most recent three tax years for which the filing deadline has passed, resided outside the United States for 330 days or more, and who failed to report foreign income or foreign financial accounts due to non-willful conduct.Individuals who, based on their foreign residency period, do not meet the eligibility requirements for SFOP, and who have filed U.S. income tax returns for the most recent three years.
TAX YEAR(S) SUBJECT TO REPORTING3 years of U.S. income tax returns (original or amended) + 6 years of FBAR filings3 years of amended U.S. income tax returns + 6 years of FBAR filings
PENALTIESAll penalties fully waivedA 5% reduced penalty applied to the highest year-end aggregate balance among the most recent six years
Due to the various requirements of the streamlined procedure, this particular service must be done through our offline service with a CPA or EA.
Thus, please schedule a consultation meeting using the link below with one of our tax professionals or email us your inquiry to cs@us114.net before proceeding with the streamlined procedure.
Schedule a Consultation Meeting
for SFOP/SDOP

Service Fee

ServiceBasicDeluxe
SFOPTax returns for the most recent 3 years$1,050 ($350*3)$1,500 ($500*3)
FBARs for the most recent 6 years (Per Person)$780 ($130*6)$780 ($130*6)
CPA Certification (Form 14653)$330$330
Non-willful Statement$330$330
Multi-Year Discount (약 20%)-$490-$590
TOTAL$2,000
(minimum estimate)		$2,350
(minimum estimate)
SDOPTax returns for the most recent 3 years$1,050 ($350*3)$1,500 ($500*3)
FBARs for the most recent 6 years (Per Person)$780 ($130*6)$780 ($130*6)
CPA Certification (Form 14654)$330$330
5% penalty calculation$330$330
Non-willful Statement$330$330
Multi-Year Discount (약 20%)-$520-$620
TOTAL$2,300
(minimum estimate)		$2,650
(minimum estimate)

NOTE

· FBAR pricing is based on one individual. (For married filing jointly, an additional fee applies for the second individual.)
· The quoted fees represent the minimum estimate and include only wage, interest, and dividend income. Additional fees apply for other types of income or informational reporting forms.
 - Other income types: miscellaneous/business income, stock/crypto/real estate capital gains, rental income, etc.
 - Informational reporting forms: FATCA (Form 8938), Foreign Corporation Reporting (Form 5471), PFIC (Form 8621), etc.
· International mailing costs are billed separately.
· If you request a specific professional, additional fees may apply depending on experience level.
· All estimates are provided in USD. For KRW payments, the exchange rate on the payment date will apply, and 10% VAT will be added.
✔ When paying in KRW, the amount will be converted based on the KRW-USD exchange rate.
✔ Please also refer to the 'NOTE' section, as additional charges may apply.
View Refund Policy

Service Limitations / Additional Notes (Terms & Conditions)

* If you own 10% or more of a corporation that requires Form 5471, services can only be provided offline. In such cases, a separate quote will be issued and the service will proceed offline.
* For KRW payments, service fees will be automatically converted based on the official exchange rate of the payment date.
* Unless otherwise specified in the fee schedule, the listed basic fee applies to one income type per service. If two or more income types apply, additional charges will be incurred for each item.
* For certain return types that require paper filing under government regulations, additional postage fees will apply.
* Specific additional charges are automatically calculated by the system and reflected in the payment screen for your confirmation.
* Certain additional charges may only be finalized after review by a tax professional. In such cases, an additional payment request will be sent by email based on the fee schedule.
* For special cases not listed in the fee schedule that require significantly more professional time, industry-standard additional charges will apply. These will be communicated in advance before services are provided.
* The service fee covers the preparation and filing of the return based on documents provided by the client, along with a standard summary of results and a general explanation of the tax due or refund amount.
* Explanations provided for educational purposes, such as detailed calculation methods, legal applications, or step-by-step preparation guidance that go beyond the typical scope of client support, are not included in the standard service fee. If requested, an hourly professional fee will apply.
* Form 1040 services cover federal and state individual income tax returns only. Local taxes (e.g., excise tax) required by specific states or cities will only be prepared upon client request.
* Filing services listed in the fee schedule are considered complete once the client has received either the e-file acceptance record or proof of postal submission. Any subsequent government correspondence or responses are provided as a separate service.
* Refunds are subject to the refund policy provided at the time of payment.
View Refund Policy