In today's business world, many investors and companies operate across several jurisdictions. If your company has business dealings or investments in more than one nation, it can create a lot of complexity. Among a range of other issues, you need to consider the tax implications.
The IRS is becoming increasingly aggressive towards individuals and businesses with unreported taxable income from foreign financial accounts and assets every day. Honest tax mistakes that could have previously slipped under the radar are coming to light because of FACTA's compulsory reporting by offshore banks and financial institutions.
In light of this, it is now advisable to have an experienced attorney review your past international tax filings in order to get you back into compliance in a manner that minimizes additional tax, fines, and interest, as well as avoids criminal tax prosecution.
The seasoned international tax attorneys at Brotman Law are waiting on your call. We will be the friend you need when taking on IRS agents who are always ready to take advantage of your past mistakes.
A world of possibilities or a world of hurt? To a large extent, how successful your company will be, depends on how well you understand the intricate tax requirements of transacting business across borders. Join forces with our tax attorneys today and start growing your business.