Offshore compliance is complicated, and requires an attorney to have a deep understanding of the laws relating to offshore compliance, and to keep up with the changes. 90% of our cases involve offshore disclosures. The remaining involve various tax controversies, including international penalty cases.
Nearly every tax penalty, additional tax assessment, or tax-related prosecution starts with your tax return in an examination. It even starts even before that with the preparation of your tax return.
Voluntary disclosures are about preventing problems on the front end. I’ve worked in an accounting firm and at IRS individual and small business exam, which is experience that has been very useful in offshore compliance cases.
Understanding that process and having extensive experience in representing clients through that process is important. An LLM/EA/Real Estate License, or any other alphabet soup of credentials, will not substitute for that experience.
We’ve handled very complex disclosures including multi-million dollar investments, foreign entities, and clients with dozens of investments in passive foreign investment companies. We haven’t had any examinations of our streamlined filings even after many years.
We strive to always act in best interests of the client. Our process is effective and results in the least possible cost to the client while still getting it right.
Schedule an appointment to see how we can help.