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Video instructions and help with filling out and completing How to complete your submission under the streamlined procedures

Instructions and Help about How to complete your submission under the streamlined procedures

Hi everybody my name is David McKean and a question this week is how does the IRS streamlined process work now the streamlined process is different from the offshore voluntary disclosure program the streamlined process is designed for people who are considered low-risk by the IRS now this procedure is available for non-resident US tax payers who have resided to come out in the US since January 1st 2022 and who have not filed a US tax return during the same period so what do you need to do well you need to file 3 years of federal tax returns with all the appropriate forms and schedules and you need to find six years of your foreign bank account report so disclosing your foreign bank account reports the streamline procedure again is for people who are considered a low-risk one of the thresholds to be considered a low-risk is having a tax liability of less than $1,500 per year you know there's a couple other risk factors that the IRS has on their website about this one of them is if you would be considered too high-risk if there are indications of sophisticated tax planning or avoidance or the taxpayer has a financial interest and an entity or entities located outside of his or her country of residence so presumably this is you know if you live in the UK but you own corporations that are based out of Singapore this may disqualify you from the low risk process but each of these returns will be looked at individually now there's also a special process for submitting new returns and again there's a lot of detail about this but I'll just give you some of the basics there's a separate mailing address so you don't send this in to the regular IRS mailing address you need to write streamlined at the top of the first page of each of the returns and there's also a special questionnaire that the IRS will having to fill out if you have more questions about this we've got a good blog post up about this that has a lot more detail so you can have a look at our blog for that or have a look at the IRS website if you go into the site and you search for streamlined you'll find the page with all the detailed information and obviously if you have any questions and like to speak to us about that or more than happy to help and you can contact us via our website which is greenback tax services dot-com thank you.

FAQ

If you left a survey for burglars to fill out the next time they ransacked your home, how would they rate the experience?
How did you learn about us?Rumors about rural houses having little Security.Location: 5/10Location was alright. Around 500 meters to the nearest neighbor. But unfortunately an hour away from any sizable population (20,000 plus being a sizable population.)Transportation: 10/10Transportation was top notch. The owners of the property never lock their Minivan or Pick-up truck. The keys are always left in the vehicles. Both are moderately new and somewhat non-descriptive so a perfect getaway vehicle. Not only did they prvehicles they also kept trailers in a easily accessible unlocked shed.Security: 9/10Security was lax. There is a gate but it isn’t locked. Doors aren’t locked unless the house is left unoccupied for more than 2 weeks. No cameras made it really easy. They did have a dog which made it a bit of a pain. He was easily disposed of as he was just a Labrador Retriever puppy. Owners are very light sleepers don’t rob if they’re around.Products: 10/10No place has better selection. The place had 3 DSLR cameras, 3 Workstation class desktops, 3 tablets, 4 drones, 6 Smartphones, 9 external monitors and 11 laptops. All of the items were of premium design and value (aka Apples or equivalent). The freezers and shelves were well stocked the rest of the property was much more appealing though.They also had a shop on the property with many tools ranging from mechanics to carpentry to fabrication. The tools were of medium quality. The shop also stored 2 ATV for added convenience. The shop wasn’t the jackpot though.The shed was the real treasure trove. This drive in shed held heavy equipment all with the keys in the ignition for easy accessibility. The average equipment’s value was around $100,000, with a combined value of around $1.5 Million. Unfortunately the heavy equipment is hard to transport and the market is too small to get away with it.The products all seemed gift wrapped for the taking. Everything was easy to find as it looked organized.Laws in the area: 10/10Owners aren’t allowed to use lethal force or even have a premeditated weapon for self defense. A robber in the area once accidentally locked himself into the garage place he was robbing. As the owners did not come home for a couple days he resorted to eating dog food. The end result was the owners were charged for negligence of the robber. Laws almost protect us. Owners are not supposed to attack us in any way or they may be charged.Would you recommend to your friends?If everybody is gone a resounding yes. Unfortunately that’s not very often as the house is occupied by Home-schooling kids, a Writer and the owner is a farmer who mostly works on property. Also if you intend to use brute force, bring a weapon. All the occupants are big. The average height is around 6 feet.BTW bring friends to help loot. It really requires a team of people to loot the place.
Self-Improvement: How can I motivate myself to work hard?
Six years ago I was so depressed I thought I would kill myself. I had nothing going on in my life. And the girl I was dating kept calling me "crazy", would break up with me every day, and refuse to introduce me to her friends. I had three failed businesses that year and the year before. And I was going to go broke with two kids to support. This past year, one of my investments sold for 4000% of my initial investment. A business I started went from $0 in revenues to $12,000,000 in eight months. I published two books and wrote 100s of articles and do 12 podcasts a week. But I don't work hard. I'm about to go get a sandwich. I slept late today. I don't say this because it's so great. I'd like to be a little more effective in my work. It's a practice and not a formula. Every day I practice. Here's what I do. If you don't like it, that's fine. I think each person has to find what works for them. I used to not do these things. And when I didn't do these things, nothing would happen. Life doesn't stand still: it either gets worse or better. Eventually it gets a lot worse. We die. That's the only real truth. But in the meantime, here's what I try to do to be successful and work harder. - NOTHINGI don't read the News. I used to work for the news. I know what happens there. The more you read news, the less informed you are, the more time you just wasted.  Since I stopped reading news, I read more books. i get more info. I feel more alive. I get less scared. I also don't talk to people who want to gossip. Gossip never made anyone a success. And I don't say "yes" to things I don't want to do. Else I resent the person who asked me, I hate myself for saying yes, and I'm bad at whatever it is I said "yes" to. So, in order to work harder, I try to find as much NOTHING in my life as possible. - EAT WELLIt's a simple diet but I try to follow it. No snacks. No eating after 6pm (so my liver isn't on overdrive when I am trying to sleep). Plates at 10 inches. (Studies show when you reduce plate size from 15 inches to 10 inches, you eat 30% less calories). Note! If your plate size is 8.5 inches, you eat more - your body is not stupid. It knows you are tricking it. And that's it. The Plate Diet. Or the - not after 6pm Diet- MOVE A little exercise every day is known to have just as much effect on your mood as a full dosage of anti-depressants. - SLEEPIn the morning, you have energy. At the end of the day, you don't. Which is why you need sleep. The average person needs eight hours of sleep. For instance, they took some famous orchestra and determined that the professional violinists in the orchestra were sleeping 8.6 hours a day. Don't think that less sleep makes you more productive. Whenever I get only six hours of sleep, I know the day is going to be useless. Preparation is how you win the game, and lack of sleep means you didn't prepare well. - GRATITUDEWorry never solves tomorrow's problems, and only takes energy away from today. Worry and Gratitude can't exist in the mind at the same time. Regret and Gratitude can't exist in the mind at the same time. Anger and Gratitude can't exist in the mind at the same time. Whenever I notice these things happening in my head, I try to replace with gratitude. Now I can continue my day - LAUGHTERThe average child laughs 300 times a day. The average adult...five. Dr. Norman Cousins did a series of studies on the benefits of laughter. It improves health, cures disease, improves productivity, and of course, makes you happier. So I try to watch standup comedy when I'm low. Or thing of funny things. Laughter heals the soul. - SURRENDERToo often I would try to control things that were outside of my control. For instance, when a boss is yelling at me, it's his problem. I can't control him. So that's when I try to find a better job rather than put up with abuse. The same in relationships. One of the most important decisions you can make in life is who you spend your time with. It's like falling into an sea of hands and hoping they catch you. When you surround your self with good people, you can surrender that they will catch you. When you are creative, you can surrender to the fact that your ideas will always catch you.When you sleep well and are grateful, you can surrender to the fact that your good health and spiritual attitude, will guide you through the difficult moments. Whenever I'm scared, I surrender. I do my best. I'm honest. I know good things will happen. IDEASI write down ten ideas every day. The Idea Muscle always needs to be exercised. It atrophies after about two weeks of no use. like any other muscle. People think that ideas are nothing and execution is everything. Execution is just a subset of ideas. You still have to have the ideas in order to execute. And the only way to have good ideas is to exercise the idea muscle. Every day. The result: your life will look completely different in six months. You will be an idea machine. You can be stuck on a highway in the desert with no gas and you will have 100 ideas to save you in no time. The idea machine is magic. FRIENDSThe people in your life are like a bonsai tree. It's always growing. And every day you prune the bad branches and keep the good branches. Do that every day and you get more productive. Every entrepreneurial movement, every artistic movement, every leap in science, was done by a group of people. There are no lone geniuses. Steve Jobs and Bill Gates had the HomeBrew Club. Jack Kerouac had the BeatsAndy Warhol had his community of Pop artists. Even Larry Page had the thriving entrepreneurial cultures of both Stanford and Silicon Valley and all the search engines before him that he was able to stand on the shoulders of. You can't be productive without shoulders to stand on. MESSAGE OVER MONEYI think people are scared. I know this. I am often scared. We live in a hard world. It's a sentence of frightening nightmare punctuated by periods of intense joy. The message I like to convey is that these ideas help you not only be more productive, but more creative...happier. At least for me, this has worked and transformed me from someone crying on the ground in a pool of vomit, to someone who wakes up and (some of the time) feels the full beauty of the day. I do the above. I surrender to it. And hope for the best.Read More:The 100 Rules for Being an Entrepreneur
How much dust would it take to fill out the Grand Canyon completely?
Although this seems a question we might discuss over beer or/and wine, what size dust particles were you envisioning?
How can I get rid of dark eye circles?
Don’t make the mistake thinking that dark circles around the eyes is all about lack of sleep. They can be a symptom of an allergy or food intolerance. That could lead to inflammation and darkening of the area around the eyes.What you should do:Get tested for food intolerance. While waiting for the test results, exclude all potentially dangerous products from your diet • for example, foods containing lactose. These include dairy products, bread, chips, instant coffee, instant soups, and artificial sweeteners.If you are not allergic to anything, the dark circles may be a sign of dehydration. Drink enough water, and don’t drink too much coffee.You should also include food that contains iron. Such food increases hemoglobin levels. So eat more red meat, tuna, egg yolks, and buckwheat.Aside from know what foods to eat, there are other options towards having a healthy, youthful and glowing skin. Here are some ideas:1. If you have oily skinDid you know the food with high glycemic index increases the production of oil in sebaceous glands. That’s why skin becomes oily. Here’s what you should do.2. If you have acnePeople who have oily skin have acne problems more often. A special diet can help you with your acne problem.3. If you have pigment spotsPigment spots may be an indication that you have a vitamin deficiency, especially B12. These foods get rid of pigment spots.4. If you have dry skinSkin dryness indicates two things: a deficiency in cholesterol and an excess of vitamin E in your body. Make sure you eat these foods.5. To prevent wrinklesDid you know that wrinkles are less noticeable among people from Sweden? These is what they do.6. Use a turmeric maskThere are a number of ways you can use turmeric to improve your skin. But making a turmeric mask works best. Follow these steps to make it at home.7. Drink fruit juiceTo be fair, almost any juice is good for the skin but if you’re looking for something that is really great, I would highly recommend this.8. Use rice waterRice water is one of those beauty secrets others wish you wouldn’t find out. It gives you that perfect porcelain finish, lightens and brightens you skin. Follow these steps to make rice water and learn how to apply it properly on your skin.9. Use aloe vera for dark skin patchesAloe vera is nature’s gift when it comes to our skin. Its healing properties diminishes dark spots over time, by rejuvenating the underlying skin cells with no dangerous, unintentional side effects. If you have dark skin patches on your body, treat them with aloe vera.10. Whiten skin with milkIn the book 1,001 Home Remedies and Natural Cures: From Your Kitchen and Garden, milk is described a great recipe for skin whitening that most people are not aware of. Learn how to use use milk to whiten your skin here.11. Slow down aging with honeyThe best way to slow down aging is to consume antioxidants. Honey is choke-full of them. It has great bleaching and moisturizing properties. It helps to treat the problem of imbalanced skin tone related to dryness. Here are two ways you can use honey to lighten your skin, help fade acne scars and reduce age spots.12. Make an egg mask at homeIt does seem unusual that something as simple as eggs can be good for the skin, but there’s actually a good reason for it. Egg whites happen to contain two important ingredients: protein and collagen. Here’s how you can make your own egg mask at home.13. Should you take coffee?Coffee is a subject that raises a lot of questions: Does coffee make your complexion darker? Can it dehydrate you? Is it bad for your skin?14. Learn how to remove dead skin the right wayYou should remove dead skin, but do not rub it off. Do this instead.15. Find out the proper times to use a maskCan there be too much of a good thing? While it may be okay for some masks to be used frequently, others may need a "less is more" approach. Here's the general rule of thumb…16. Get rid of pimples and scarsYou might be tempted to get an over-the-counter cream or some form of oral medication, but why not try other alternatives that are much safer and all natural? Here are 2 ingredients that you should know about.
How do you fold a shirt?
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What is the procedure to fill out the DU admission form? How many colleges and courses can I fill in?
It's as simple as filling any school admission form but you need to be quite careful while filling for courses ,don't mind you are from which stream in class 12 choose all the courses you feel like choosing,there is no limitations in choosing course and yes you must fill all the courses related to your stream ,additionally there is no choice for filling of college names in the application form .
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