Sunita Doobay has an excellent summary of new IRS “Streamlined Foreign Offshore Procedures” for US non-resident citizens.
Shame that I only am catching up to it now, but as I say an excellent summary and useful to me.
This is a useful opportunity to remind persons who technically have US citizenship, for example by having been born there, that if you are not already taking steps, you must remember to protect yourself from US tax by seeking advice from a competent tax professional as soon as you possibly can. Sunita’s article speaks of threats of criminal US penalties being threatened for certain non-complying taxpayers!