Streamlined Offshore Procedure Lawyers: Tax Attorney Specialist – Foreign Asset & Account Disclosure
Streamlined Offshore Procedure Lawyers: Tax Attorney Specialist - Foreign Asset & Account Disclosure Streamlined Filing Lawyers Are you interviewing Streamlined Procedure Lawyers and confused about representation & fees? Don't worry, we will explain How to Hire An Attorney for Offshore Disclosure (even if it is not our firm). Our Streamlined Filing Lawyers developed a highly effective representation model that is used by other experienced law firms across the globe. Our Attorneys specialize exclusively in Streamlined filing and offshore voluntary disclosure. One of the main IRS offshore amnesty programs available is the Streamlined Filing Compliance Procedures. These procedures can be broken down further into the Streamlined Domestic Offshore Procedures (SDOP) and Streamlined Foreign Offshore Procedures (SFOP). We represent hundreds of clients each year, and field thousands of questions. This is why we developed this site dedicated solely to the Streamlined Program. Our attorneys have been featured in Forbes, LexBlog, HG, NOLO, and more. Streamlined Filing Lawyers & Attorney's Fees We are highly Streamlined Procedure Lawyers.  The attorney you hire should specialize exclusively in offshore voluntary disclosure and streamlined filing matters. aWe represent clients nationwide and worldwide. Some of the more common states where FBAR issues arise, are California, Florida, and Texas. On an international scale, we routinely represent clients with unreported foreign income and assets in Australia, U.K., Taiwan, Hong Kong, India and more. We specialize in matters involving: FBAR Reporting FATCA Reporting PFIC Foreign Business ownership by U.S. persons Foreign Mutual Funds India Demat, PPF & FD Australian Superannuation Foreign Provident Funds Foreign Pension Accounts Foreign Life Insurance Foreign Gifts and many more related areas of IRS offshore disclosure. Dually-Licensed and Experienced Streamlined Procedure Lawyers  Since there are not many dually-licensed attorneys who have the extensive experience and knowledge to handle these types of matters, we are retained by clients across the nation, and worldwide in over 75-different countries.  At our firm, we developed a highly-effective flat-fee model which has been adopted by many firms. Each case is handled by a Board-Certified Tax Law Specialist who is dually licensed as an Attorney and Enrolled Agent or CPA. We draw upon our litigation background to help clients avoid high-stakes offshore penalties. You can find a list of our testimonials and prior accomplishments, which oftentimes (unfortunately) includes taking over cases from less-experienced counsel. Example 1 (High-stakes opt-out) Example 2 (High-stakes 6-figure OVDP Penalty) Hiring Streamlined Procedure Lawyers When it comes to Streamlined Procedures, experienced attorneys and tax professionals always recommend you utilize a dually-licensed attorney/EA or Attorney/CPA, with advanced tax credentials and Board-Certification. This will help you avoid inexperienced counsel and some of the more common mistakes in Streamlined Filing submissions.  Since the Streamlined Certification Form 14653 & 14654 is signed under penalty of perjury, it is important to use experienced counsel. What is an Enrolled Agent? An IRS Enrolled Agent is an elite tax credential. Unlike a CPA that may practice in areas outside of Tax, an Enrolled Agent practices exclusively in Tax. The credential, which is very hard to achieve, requires the Tax Professional to complete 72-hours of. Continuing education every 3-years.  That’s a lot of tax! Unfortunately, many attorneys try and fail to pass the certification exam. As provided by the IRS: "An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent status is the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years. Enrolled agents, like attorneys and certified public accountants (CPAs), have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.  Learn more about enrolled agents in Treasury Department Circular 230." Avoid Attorneys Who Misuse "Kovel Letters" The benefit of a dually-licensed tax attorney is you get the benefit of an experienced practitioner who has both tax and law experience. It enhances and protects the attorney-client privilege. When an attorney refers the client to an outside CPA for “tax work,” under Kovel (which does not protect tax return preparation), it puts the client’s attorney-client privilege at risk. Kovel is not statutory law, and can be rejected by the courts.