FBAR and foreign asset reporting, returns for Americans working overseas, filings for foreign nationals, and U.S. reporting for companies with entities in other countries.
The United States taxes its citizens and residents on worldwide income, which surprises people every year. An American working in Dubai still files. A foreign national with U.S. income files here too. A company with subsidiaries abroad has U.S. reporting obligations for those entities. And accounts held overseas can trigger disclosure requirements whose penalties dwarf the tax involved.
This is specialty compliance work, and the penalties for getting it wrong are unusually severe. Missing an FBAR is not like missing a deduction. We handle the reporting, coordinate the foreign tax credits so the same income is not taxed twice, and bring people who have fallen behind back into compliance in the order that protects them best.
The reporting penalties in this area are among the harshest in the tax code, and most of them apply whether or not any tax was owed. Getting the filings right is the entire point.
Tell us where your finances live today, even if that means fragmented providers and disconnected responsibilities. We will show you what one coordinated firm takes off your plate.
Request a Consultation