Disclosing Foreign Bank Accounts To The Internal Revenue Service
The government is invested in finding and taxing American-owned financial holdings abroad. This is the direct motivation behind tax requirements like the Report of Foreign Bank and Financial Accounts (FBAR). Failure to disclose your foreign bank accounts and other foreign assets to the IRS can lead to tax complications, years of litigation and even criminal charges.
How The Gartzman Law Firm, P.C., Approaches Disclosure Issues
Because our firm is familiar with all parts of the tax filing and appeals process, we have access to many successful tactics and methodologies. We analyze your assets and finances in full to identify what you need to report, when you should report it and what to do if you failed to report in prior years. Our approach to the law features:
- Complete financial review, including any evidence against you or forensic accounting issues
- Detailed planning for your taxes and an analysis of your current standing
- Negotiation with the IRS in the event that you have outstanding tax debts or filings
- Resilient defense
If you are concerned about FBAR and other received foreign disclosures or are already in conflict with the IRS, you need to work with someone who understands both the legal and financial implications.
Why Choose Our Firm
Jeffrey S. Gartzman is a tax attorney and a certified public accountant with an advanced law degree in tax. He is known for his dedication and skill in this area of the law. Call us at 770-695-7337, or email us to make an appointment.