Foreign Nationals & Expats

Do you Invest in a Passive Foreign Investment Company?

Do you Invest in a Passive Foreign Investment Company? Many taxpayers with overseas investments may unknowingly have one or more investments in a passive foreign …

2017 FATCA Updates

2017 FATCA News

Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 by Congress to target non-compliance by U.S. taxpayers with foreign accounts. FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers in which U.S. taxpayers hold a substantial ownership interest. FFIs are encouraged to either directly register with the IRS to comply with the FATCA regulations (and FFI agreement, if applicable) or comply with the FATCA Intergovernmental Agreements (IGA) treated as in effect in their jurisdictions.

Delinquent International Information Return Submission Procedures

Delinquent international information return submission procedures (DSP) were one of the four methods for taxpayers with unreported offshore accounts to become compliant. What are the …

Streamlined Domestic Offshore Procedures

Streamlined Domestic Offshore Procedures – Overview The IRS streamlined domestic offshore procedures (SDOP) are one of the two programs available in the streamlined filing compliance …

FBAR Civil Penalty Cases

FBAR penalties are assessed for both willful and non-willful violations. Penalties for willful violations carry significantly larger penalties. For clients wishing to correct past non-compliance, …

Offshore Tax Compliance for Investments in India

FATCA India Compliance for Investments in India For US residents with investments in India, compliance with FATCA and the US tax code can be burdensome. …

US Citizens Owing Back Taxes Now Getting Passports Revoked

US Citizens Owing Back Taxes Now Getting Passports Revoked More travel complications are in store and it’s not just for foreigners. Under new rules to …

Immigration and Taxes

Immigration and Taxes Immigration and taxes might not seem like two areas that have much in common, unless you’re in the immigration process. With the current political …

I hired Kunal for my offshore case. It was fairly complicated and my accountant did not know how to report them. I called a few attorneys and some of them tried to scare me about my situation. I felt comfortable with Kunal. I wanted someone to take their time with my case and do it properly instead of rushing. It was a straightforward process and done very professionally.

– V.R., Client

We found Mr. Patel’s services to be professional, speedy, and his rates are very reasonable…We were impressed with his knowledge of the inner workings of the IRS and complicated tax law and found him to be very trustworthy and ethical in a field where many other firms are just out to get your money. I would highly recommend his services and will definitely use his services again.

– L Mascari, Client

Kunal Patel was extremely helpful in solving my tax problems. He is very experienced and professional. Kunal was willing to fight for me to get my issues resolved. I was very happy with the results and highly recommend the Law Office of Kunal Patel!

– F Mann, Client

I was worried of the potential penalties resulting from failure to report my foreign investments. I approached Kunal to help becoming compliant and he took time to explain about the streamlined domestic procedure. We submitted the application and received the IRS acknowledgement in a few months. Thank you Kunal for your help.

– AB, Client

Kunal has been really helpful in getting me compliant per the streamline procedures. Kunal was aware of all the nuances related to FATCA and FBAR procedures and gave appropriate recommendation and advice. I would definitely recommend Kunal.

– Sid, Client

Our experience with Kunal Patel has been awesome. He was extremely transparent, always available for advice, very reliable and basically on top of the job. He pointed us in the right direction & cleared our matter very professionally. We would most certainly recommend him,to whoever might need a Tax Attorney.

– S.S., Client

Mr. Patel was very professional and approachable. He listens to clients and does not handle cases just mechanically.
He successfully closed a streamlined offshore procedure.

– Anonymous, Client

I hired Kunal to assist me with a SDOP application after talking to a few other tax attorneys. He is very professional and methodical in his approach. Also very reasonable with his rates. You will definitely find an ethical lawyer in Kunal and I wish him the best for the future.

– Anonymous, Client

When I first called Kunal I was very worried because I had many years of FBARs and unreported foreign income. Kunal did a good job reassuring me throughout the process and the streamlined application went without any problems.

– J.P., Client

Kunal helped us with a successful streamlined filing disclosure of foreign assets. He came across as very knowledgeable and answered all our questions…He was efficient and quick in completing the process after we had put together all our documentation. Overall, we had a very good experience working with him. I would strongly recommend him.

– Anonymous, Client

Mr. Kunal Patel is a very competent tax attorney handling FATCA and overseas taxation. He worked patiently, efficiently and in professional manner in resolving overseas taxes. He is easy to work with. He delivered what he had stated during our consultation. His service charges are quite reasonable. I would recommend him.

– Anonymous, Client