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View Sean Harner’s profile on LinkedIn, a professional community of 1 billion members. Experience: Global Tax Network · Location: Greater Minneapolis-St. Paul Area · 293 connections on...
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Author Sean Harner. Sean has over 20 years of experience in expat and foreign national tax preparation and consulting. He joined GTN in 2015 and serves as a Manager in GTN’s West Central region.
- Who Needs to File A Return?
- Additional Us Federal Filing Requirements
- What Happens If A Us Taxpayer Working Abroad Fails to file?
- Failure to Pay Results in Additional Penalties
- IRS Offers Streamlined Offshore Compliance Procedures to Avoid Penalties
- What Happens If The IRS Finds You Have Not Filed
Generally, all US citizens and permanent residents are required to file a US federal form 1040as if they were still residing in the United States though a US taxpayer working internationally may not need to file if they do not meet the IRS’s gross annual income threshold. For 2019, the threshold is $12,200 for an individual taxpayer and $24,400 for...
US taxpayers working outside the United States may also have informational filing requirements related to their financial accounts. Those requirements include complying with the Foreign Account Tax Compliance Act (FATCA) and filing a Report of Foreign Bank and Financial Accounts (FBAR). It is important to note that certain informational reporting f...
A US taxpayer whose tax home is outside the United States on the initial due date, receives an automatic two-month filing extension, typically to June 15. Late-filing penalties can apply if there is a balance due on the return and the return has not been submitted timely. Unless an additional filing extension has been requested, late filing and pay...
The IRS failure to pay penalty is 0.5 percent for late payments, and it may be applied to the same months as the failure to file penalty. However, for those months when both penalties are applied, the failure to file penalty is reduced to 4.5 percent and the total penalty for failing to file and failing to pay still tops out at 5 percent. If a taxp...
The IRS has outlined procedures for eligible taxpayers that may allow the individual to come into compliance while avoiding certain penalties, including the failure to file and failure to pay penalties described above. The program is known as the Streamlined Foreign Offshore Program. The program has been made available to any US citizen or resident...
If the IRS locates a US citizen or permanent resident working abroad who has not filed returns, the IRS will contact the taxpayer. In general, the IRS will first contact a taxpayer by a letter delivered by the US postal service. Taxpayers will often be asked to respond to this letter within 30 days, but they usually do not face criminal charges. A ...
Nov 8, 2021 · Sean Harner, First Assistant Director, admits to being skeptical when he first arrived on set. He’s now a convert. “I am totally blown away with how you can move things around, how we can change sun direction, how I can physically change sets,” he says.
Sean Harner 1st Ad / Line Producer 6mo Edited Report this post It's been a Journey but it's finally coming out. We helped build the Covid Protocols that helped the world to keep filming. Very ...
Experienced 1st AD/ Line Producer with a demonstrated history of working in the motion pictures and film industry. Skilled in Movie Magic, Final Draft & EP Scheduling. 22 years in the DGA. Worked...
- 2H Productions
It's been a Journey but it's finally coming out. We helped build the Covid Protocols that helped the world to keep filming. Very proud of this little Movie…
