International Tax Attorneys Oakland, CA
International tax attorneys and CPAs providing a full range of international tax compliance services for bay area residents
As an extension of our comprehensive IRS tax resolution services, we also specialize in proactive international tax resolution and compliance for local bay-area taxpayers. Today, having an experienced international tax attorney and CPA on your side is crucial due to the ever-changing, and increasingly strict international tax regulations mandated by the U.S. Government
If you are a taxpayer in the local areas of Oakland or San Francisco, and you have concerns about your international tax status, Pure Tax Resolution has a team of international tax attorneys, CPAs, and advisors ready to help with any offshore tax matter.
International Tax Experts of Pure Tax Resolution
FBAR and FATCA Reporting
The most notable international tax regulations mandated by the U.S. Government are the FATCA (Foreign Account Tax Compliance Act) and FBAR (Report of Foreign Bank and Financial Accounts) programs. Each require California residents with offshore investments to provide transparent, and detailed records of their foreign assets, including values/gains of mutual funds, bank accounts, life insurance, or real estate commodities. These yearly reports must be submitted properly and on time from the taxpayer, and any foreign financial institution housing your assets.
FBAR and FATCA delinquency is a harsh reality, and with the regulations constantly evolving, more and more local taxpayers with offshore assets find themselves in the cross-hairs of hefty financial and criminal penalties from the Government and IRS:
- Substantial financial penalties deducted from your assets (based on percentage of asset values, and longevity of delinquency).
- Serious criminal charges for international tax delinquency identified as will-ful, or cases that go un-settled for an extended period of time.
Whether your international tax problems are deemed has purposeful or not, you are subject to the strict penalties involved with failing to comply with these programs. The right solution is to pursue the professional help of an international FATCA attorney in California that understands the FATCA laws, and can secure FATCA compliance for you.
Expatriate (Expat) Tax Compliance
If you are a U.S. citizen working abroad, or a foreign national working on U.S. soil, you are required to file tax returns as an Expat. Foreign countries have different definitions and regulations when it comes to filing as an Expat, and just like with domestic tax filing, there are consequences and penalties if not done correctly.
As seasoned experts in the arena of international tax filing and compliance, our team of Expat CPAs and tax attorneys work with Oakland and bay area residents to bring clarity to their Expat tax requirements, and maintain healthy Expat tax compliance moving forward.
Our team of international tax attorneys and CPAs work with local California taxpayers with Expat tax filing obligations, as well as residents looking to invest offshore that need sound consulting to protect their future investments. We are a phone call away for a free consultation on all your international tax compliance needs. We will evaluate your case, and offer a personalized strategy that will keep your offshore assets safe. We offer free, confidential consultations, and up-front pricing for our services. Contact us today to speak directly with our President, Tim Halcomb.
