If you are a U.S. Citizen individual that has been living abroad and has not been compliant with your tax filings and/or foreign bank account disclosures (FBAR), be aware that you may be subject to substantial penalties for failure to file a return that required foreign financial asset disclosures and/or an FBAR. The IRS and FinCen units of the Treasury Department provide for certain Voluntary Disclosure procedures that eliminate your exposure to penalties, our experts can consult with you on your situation and advise if this program is suitable for you.