IRS Offshore Voluntary Disclosure: New Series | International Tax Lawyer Minnesota
Hello and welcome to Sherayzen Law Office video blog. My name is Eugene Sherayzen and I’m an international tax attorney and owner of Sherayzen Law Office, Ltd.
Today, I’m starting a new series of vlogs from my home state of Minnesota. Right now I’m standing in the sculpture garden in front of the Walker Art Center in Minneapolis. Part of this series is going to be filmed in Minneapolis and part of it is going to be filmed in St. Paul, in other words the Twin Cities and the subject of the series of vlogs is going to be: Offshore Voluntary Disclosures.
What is it? How many voluntary disclosures are there? Who is affected? What are its requirements? What are the potential IRS penalties? And other similar questions. All of these questions, I will address in this new series of vlogs.
I want to remind the viewers that offshore voluntary disclosures is the core area of practice of Sherayzen Law Office. We have done hundreds of these types of disclosures involving assets from over eighty countries. Assets that include bank accounts, life insurance policies, investment accounts, precious metal accounts, foreign trusts, foreign business ownership including corporations, partnerships and disregarded entities. We have filed thousands of FBARs, forms 8938, 8621, 8865, 5471, 8858, 926 etcetera. In other words, we have an extensive experience in this area and I would like to share some of the wisdom I have acquired throughout the years of almost being twenty years as an international tax attorney with you.
Stay tuned for future vlogs. In the next vlog, I will address the issue of ‘What is an Offshore Voluntary Disclosure?’
Thank you for watching, until the next time.
