Tax Lawyer and FBAR Compliance
Serving Palm Beach County
It is no longer possible to try and slip in a late FBAR with an amended tax return and hope your disclosure will pass by unnoticed. The IRS is aggressively seeking out and attacking those who have failed to report foreign income. You need an equally aggressive and knowledgeable tax lawyer fighting back for you and protecting your interests.
The Law Office of Michael K. Miller, P.A. has been assisting clients with complex tax issues for over two decades. His experience as a former IRS agent added to his formal legal training with a top-tier international law firm, make him uniquely qualified to take on and resolve all manner of complex and intricate tax issues.
Contact us today for your free consultation.
Understanding your First Step
If you are late in filing FBARs for the income you have reported on tax returns, you should act quickly to get them filed and avoid significant penalties. FBAR compliance is important even if you are current in reporting and paying the taxes on foreign income. In this case, you should NOT file under the IRS Offshore Voluntary Disclosure Program or you may be charged with higher penalties. Consult with an attorney at the firm.
Tax Attorney Serves Palm Beach County
If you or your business has $10,000 or more in foreign accounts you must file a Report of Foreign Bank And Financial Accounts, known as FBAR. If you have failed to file this report in past years, as many Americans have, you should consult with an attorney at the firm as soon as possible.
The Offshore Voluntary Disclosure Program allows taxpayers to come into compliance with reporting regulations without criminal prosecutions. You will be charged with penalties. With tenacious and committed legal representation from the firm, you may be able to avoid severe consequences. The sooner you act to remedy any non-compliance, the better the outcome for you and the sooner you can regain peace of mind.
For the resolution of FBAR compliance issues, contact a Palm Beach County lawyer at the firm as soon as possible.