US Expat Tax Experts for Americans Living Abroad
Avoid Costly IRS Penalties. Stay Compliant With Confidence.
Whether you’re living overseas, earning foreign income, reporting foreign bank accounts, or operating a business internationally, our CPAs, Enrolled Agents, and Tax Attorneys help you navigate complex U.S. tax laws with confidence.
Who We Help
International tax solutions built around your situation.
Americans Living Abroad
- Foreign Earned Income Exclusion (FEIE)
- Foreign Tax Credit
- Housing Exclusion
- Dual Citizenship
- Digital Nomads
- Military & Government Employees Overseas
Foreign Business Owners
- Foreign Corporations
- US LLCs Owned by Non-US Persons
- Controlled Foreign Corporations (CFC)
- International Business Structuring
- Transfer Pricing Coordination
Investors
- Foreign Investment Reporting
- PFIC Compliance
- International Real Estate
- Foreign Partnerships
- Cross-Border Tax Planning
International Tax Services
From annual expat returns to complex foreign business reporting and IRS resolution.
Expat Tax Preparation
Annual U.S. tax returns for Americans living abroad, including the Foreign Earned Income Exclusion, Foreign Tax Credit, and state filing questions.
FBAR & FATCA Compliance
Accurate reporting of foreign financial accounts and assets so you stay ahead of steep non-filing penalties.
Foreign Business Reporting
Preparation and compliance support for the international information returns that carry the largest penalties:
International Tax Planning
Reduce double taxation, optimize foreign tax credits, and coordinate multi-country tax obligations before they become problems.
ITIN Application & Renewal Assistance
We assist non-U.S. citizens and other individuals who are not eligible for a Social Security number with applying for or renewing an Individual Taxpayer Identification Number.
IRS Notices & Tax Resolution
Help when something has already gone wrong — we respond, negotiate, and bring you back into compliance.
Offshore Compliance & Voluntary Disclosure
If you have unfiled U.S. tax returns, undisclosed foreign accounts, missing FBARs, or unreported foreign income, the correct resolution strategy depends heavily on whether the noncompliance was willful or non-willful. Our team evaluates your filing history, residency, accounts, income, and potential exposure before recommending a submission path.
IRS Voluntary Disclosure Practice (VDP)
The IRS Voluntary Disclosure Practice may be appropriate for taxpayers whose failure to report foreign income, accounts, assets, or entities may have been willful and who face potential criminal tax exposure. Our tax professionals and independently licensed tax attorneys can assist with:
- Voluntary disclosure eligibility and risk analysis
- Form 14457 preclearance and submission support
- Delinquent and amended tax returns
- FBAR and international information-return compliance
- Tax, interest, and penalty calculations
- IRS examination and disclosure coordination
A voluntary disclosure must generally be truthful, timely, complete, and made before the IRS has begun an examination or investigation.
Streamlined Foreign Offshore Procedures (SFOP)
The Streamlined Foreign Offshore Procedures are designed for qualifying U.S. taxpayers who reside outside the United States and whose failure to file returns, report foreign income, or submit FBARs resulted from non-willful conduct. A qualifying submission generally includes:
- Three years of delinquent or amended federal tax returns
- Six years of delinquent FBARs
- Payment of applicable tax and interest
- A detailed certification explaining the non-willful conduct
Qualifying taxpayers may be eligible for relief from failure-to-file, failure-to-pay, accuracy-related, information-return, and FBAR penalties.
Streamlined Domestic Offshore Procedures (SDOP)
The Streamlined Domestic Offshore Procedures are available to certain U.S. taxpayers residing in the United States whose offshore reporting failures were non-willful. A qualifying submission generally includes:
- Three years of amended federal tax returns
- Six years of delinquent or corrected FBARs
- Payment of applicable tax and interest
- A detailed non-willfulness certification
- A 5% miscellaneous offshore penalty based on qualifying foreign financial assets
Because the non-willfulness certification is made under penalties of perjury, the facts should be carefully reviewed before a streamlined submission is filed.
Choosing the Correct Offshore Compliance Procedure
VDP, SFOP, and SDOP are not interchangeable. Selecting the wrong procedure or submitting amended returns without a coordinated strategy can increase examination, penalty, and criminal exposure. We conduct a confidential review to determine:
- Whether the conduct may be willful or non-willful
- Whether the taxpayer satisfies the applicable residency requirements
- Which tax returns, FBARs, and information returns are missing
- Whether foreign pensions, corporations, trusts, partnerships, or investments must be reported
- The potential tax and penalty exposure
- The most appropriate path for returning to compliance
Do not submit a quiet disclosure or begin amending returns before your available compliance options have been evaluated.
International Tax Is All We Do
Most accounting firms prepare tax returns. We help clients navigate complex international reporting requirements, minimize tax exposure, and remain compliant with evolving IRS regulations.
Common Problems We Solve
If any of these sound familiar, you’re exactly who we help every day.
Client Case Studies
Real client outcomes, anonymized to protect confidentiality.
The Challenge
A U.S. citizen owned a profitable foreign corporation but had never filed Form 5471 or reported foreign bank accounts. They were concerned about significant IRS penalties and wanted to become compliant before expanding the business.
Our Solution
Our team reviewed the client’s international structure, identified missing information returns, coordinated the required filings, and developed a compliance strategy tailored to their circumstances.
The Result
- Filed all required international information returns
- Brought the client back into compliance
- Reduced future reporting risk
- Created a long-term international tax plan
“The process was organized, transparent, and gave me confidence that my international tax matters were finally under control.”
The Challenge
An American professional living overseas was unsure how foreign income, foreign tax credits, and FBAR reporting affected their U.S. filing obligations. They wanted to avoid mistakes and remain compliant.
Our Solution
We reviewed the client’s residency, foreign income, and reporting requirements before preparing their U.S. return and required international filings.
The Result
- Accurate U.S. tax filing
- Proper foreign income reporting
- FBAR compliance
- Year-round tax planning for future years
Expat Tax Frequently Asked Questions
Answers to the questions Americans abroad ask us most.
Do I still have to file U.S. taxes if I live overseas?
Yes. The United States taxes its citizens and green card holders on worldwide income regardless of where they live. If your income is above the standard filing thresholds, you must file a U.S. return every year — even if you owe nothing after the Foreign Earned Income Exclusion or Foreign Tax Credit. Filing is also what preserves those benefits.
What is the Foreign Earned Income Exclusion?
The Foreign Earned Income Exclusion (FEIE) lets qualifying Americans abroad exclude over $130,000 of foreign earned income from U.S. tax (the limit adjusts annually for inflation). To qualify you must meet either the Physical Presence Test or the Bona Fide Residence Test, and you must claim it on a filed return using Form 2555. A housing exclusion may increase the benefit further.
Who needs to file an FBAR?
Any U.S. person whose foreign financial accounts — bank accounts, brokerage accounts, and certain pensions — had a combined value over $10,000 at any point during the year must file an FBAR (FinCEN Form 114). This applies even if no single account crossed the threshold and even if the accounts produced no income. Penalties for missing it can be severe.
What is FATCA?
FATCA is the Foreign Account Tax Compliance Act. For individuals, it means reporting foreign financial assets on Form 8938 with your tax return once your holdings exceed certain thresholds, which vary by filing status and by whether you live abroad. It is a separate requirement from the FBAR — many taxpayers must file both.
What happens if I missed several years of filings?
Several compliance options may be available, but the correct procedure depends on your residency, filing history, foreign accounts, unreported income, and whether the failure was willful or non-willful. Qualifying non-willful taxpayers may be eligible for the Streamlined Foreign Offshore Procedures or Streamlined Domestic Offshore Procedures. Taxpayers concerned that their conduct may have been willful or created potential criminal exposure may need to consider the IRS Voluntary Disclosure Practice. Because selecting the wrong procedure can have serious consequences, your situation should be reviewed before delinquent or amended returns are submitted.
Can you help with foreign corporations?
Yes. We handle Form 5471 and related filings, Controlled Foreign Corporation (CFC) analysis, GILTI/NCTI calculations, and planning for U.S. owners of foreign companies — as well as Form 5472 for foreign-owned U.S. entities. If you own any part of a non-U.S. company, it is worth confirming your reporting obligations before the IRS asks.
What is an ITIN and who needs one?
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to individuals who need to file or be included on a U.S. tax return but are not eligible for a Social Security number — such as non-resident investors, foreign owners of U.S. businesses, and spouses or dependents of U.S. taxpayers. Applications are made on Form W-7, generally together with a tax return, and ITINs that go unused for several years expire and must be renewed. We prepare the Form W-7, review your identification documents, and coordinate the application with the return it accompanies.
How much do international tax services cost?
Pricing depends on the complexity of your situation — how many years, countries, accounts, and entities are involved. We quote a flat fee after reviewing your facts so there are no surprises, and you can get an instant ballpark figure with our online pricing estimator before you ever speak with us.
International Tax Doesn’t Have to Be Complicated.
Speak with experienced CPAs, Enrolled Agents, and Tax Attorneys who focus on cross-border tax matters.
Schedule Your Confidential Consultation
Tell us about your situation — living abroad, foreign accounts, foreign businesses, or missed filings — and an international tax specialist will follow up with next steps.
We typically respond within one business day.
Our international tax practice focuses on complex cross-border tax matters, including international reporting, foreign entities, multi-year compliance, and advanced tax planning. We do not provide basic or low-cost tax preparation through this inquiry.
Our Contact Information
Address
301 Bayview Cir, Newport Beach, CA 92660
Operations@valoriaconsulting.com
International Tax Services
Valoria Consulting provides international tax planning and compliance services for: Americans Living Abroad · Expat Tax Preparation · Foreign Income Reporting · FBAR · FATCA · Form 5471 · Form 5472 · Form 8865 · Form 8858 · Form 8938 · Form 3520 · Form 3520-A · Form 8621 · ITIN Applications & Renewals · Form W-7 · IRS Voluntary Disclosure Practice · Streamlined Foreign Offshore Procedures · Streamlined Domestic Offshore Procedures · Delinquent FBAR Filings · International Tax Planning · Cross-Border Tax Advisory · IRS Representation · Foreign Business Tax · Global Investors · Digital Nomads · Dual Citizens