Your Taxes: If you have not been filing US tax returns, doing nothing may no longer be an option. For the last three years the United States Internal Revenue Service (IRS) has been aggressively pursuing US persons (including US citizens and green-card holders) who have failed to report foreign income on their US income-tax returns and/or failed to report foreign bank and investment accounts on a Foreign Bank Account Report (FBAR). On December 19, 2008, IRS associate chief counsel (international) Steve Muser said his top priority would be “compliance, compliance, compliance.” Previous US amnesties As a result, in 2009 and...