“No” on Schedule B Part III line 7a?

You are required to file Schedule B with your IRS form 1040 each year if among other reasons, you had a financial interest in, or signature authority over a foreign financial account. On Schedule B Part III line 7a, the form specifically asks you to state whether or not you had a foreign account. The problem is…

FBAR audit success

Reginald called our office in early 2014. He was a US citizen who had been living in Germany since the 1990s. He met and married a wonderful woman and they had a beautiful family together. All things said, he made his life there and Germany was his home. Reginald was very successful in…

Payroll Tax Negotiations

Our lawyers understand that it is easier than most people think to get into payroll tax trouble. The key to a winning deal is to put things in the right perspective. Failure to do so could be catastrophic.

Expert Global Tax Representation and Tax Preparation

Our clients come from around the globe, including:   Australia   Canada   China   Switzerland   Germany   France   The U.K.   Hong Kong   Israel   India   Japan   Taiwan       Common International Issues for Individuals When planning a new international venture, how can you know if you're meeting … Read more

Expert representation on US international business tax issues

  US investments and ventures overseas (outbound taxation) Our basic philosophy on investing overseas is that there should be a non-tax reason for the investment. Why? Because if you are not a large multi-national corporation, the actual opportunity for tax savings with the majority of international tax planning are modest. Those savings can also be eaten … Read more