Legal Tax Defense FBAR lawyer is now serving Los Angeles and Orange County
It is no longer possible to try and slip in a late FBAR with an amended tax return and hope the provided disclosure will pass by unnoticed. The IRS is aggressively seeking out and attacking those who have failed to report foreign income. Taxpayers need an equally aggressive and knowledgeable tax lawyer fighting back and protecting their interests.
The Law Office of Victor A Latham at Legal Tax Defense, Inc. has been helping clients with complex tax issues for 22 years. His experience and formal legal training with a top-tier international law firm, make him uniquely qualified to take on and resolve all manner of complex and intricate tax issues.
Understanding the First Step in assistance
“Anyone late in filing FBARs for the income they have reported on tax returns, they should act quickly to get them filed and avoid significant penalties,” Victor Latham, a tax lawyer at Legal Tax Defense suggested. FBAR compliance is important even if they are current in reporting and paying the taxes on foreign income. In this case, they should Not file under the IRS Offshore Voluntary Disclosure Program or they may be charged with higher penalties. Consult with one of the attorneys at Legal Tax Defense for immediate help.
Tax Attorney that Serves Individuals and Business Owners!
If an individual or business owner has $10,000 or more in foreign accounts, they must file a Report of Foreign Bank and Financial Accounts, known as FBAR. If they have failed to file this report in past years, as many Americans have, they should consult with an attorney at Legal Tax Defense as soon as possible.
The Offshore Voluntary Disclosure Program allows taxpayers to come into compliance with reporting regulations without criminal prosecutions. They will be charged with penalties. With tenacious and committed legal representation from the firm, they may be able to avoid severe consequences. The sooner they act to remedy any non-compliance, the better the outcome for them and the sooner they can regain peace of mind.
For the resolution of FBAR compliance issues, contact an Orange County lawyer at Legal Tax Defense as soon as possible.
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