Despite the many differences between nations, one thing unites them all: disorganization, confusion, and angst over taxation. You don't have to maneuver the maze of international taxes on your own. The attorneys at Brotman Law can help you ascertain your obligations and devise a plan for limiting your tax liabilities.
INTERNATIONAL TAX SERVICES WE OFFER
Cross-border tax controversies can make estate planning quite problematic for families with ties both in the United States and abroad. Our international tax attorneys will guide you through the reporting requirements and adequately plan for your estate opportunities.
International tax compliance has become significantly more complex since the Foreign Account Tax Compliance Act went into effect. Brotman Law will help you navigate through these rules and eventually start complying with U.S. reporting requirements.
The (OVDP) offers noncompliant taxpayers an opportunity to come forward with previously unreported foreign income, assets, and accounts in exchange for immunity from criminal prosecution. We will help you decide if this program is the best option for your situation.
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.
We designed this service because there are stiff consequences surrounding international tax issues, both in terms of taxes imposed and the penalties for non-compliance. Over time, we’ve seen good people who are trying to do the right thing but don’t have the right information on how to deal with international tax obligations.
Our goal is to demystify the international tax process and to help people get the best result based on their unique situation.
The first step is a 60-min consultation where we sit down with you to hear the details of your international tax matter. Sometimes we are dealing with tax laws in multiple countries or jurisdictions.
The biggest challenge with international issues is that although the world has gotten smaller and most countries have agreements or treaties with the U.S., those government documents often do not address everything. So we then have to come in and provide a definition to an area where there may not be a lot of certainty by applying measures that can move your matter forward in a positive way. This may require the utilization of a person familiar with the other country's law and then collaborating with them to find a multi-jurisdictional approach that works. Occasionally, if we are dealing with a highly complicated issue, we will bring in an expert, but that is really rare.
Once we properly define the extent of the problem, we can then analyze different approaches to resolving the situation. The government's proposed methods for getting our clients into compliance are often unrealistic because of the cost of executing them. Our process then becomes oriented to finding alternatives appropriate to bringing our client into compliance while balancing risk mitigation with the current and future costs.
Once we have a plan in place, we will conference with you to weigh all of the options and answer questions that you may have about this matter. We will evaluate your hard data and numbers and look at the projected impact of different actions with the goal of reaching a decision.
With a decision on hand on what strategy to initiate for your international tax problem and the expertise of having worked on these cases for our clients, we can then begin the work at hand.
Finally, our process may require speaking to people within your company or organization, such as your CFO, CPA, or general counsel. If the case warrants, we can also bring in outside resources who specialize in a specific area of expertise to help execute our strategy.
Set up a quick call with our firm's concierge to see if we'll be able to help you. The whole process will take 10 minutes or less. If your matter is urgent we will also help to expedite a meeting with Sam.
Tax law can be complex, confusing, frustrating, and even scary. We're here to help!
IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, I must inform you that any U.S. federal tax advice contained in this website is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter contained in this website.
