Due to Seattle’s proximity to Canada and a large amount of foreign professionals employed by high-tech firms (especially Microsoft), there is a large number of residents of Seattle, Washington, who have an obligation to report their foreign accounts. The great majority of these people need the assistance of professional Seattle FBAR attorney, but they find it difficult to decide who to retain. Often, they find that the attorney who they like lives outside of Seattle (for example, in Minneapolis) and they are not sure if they should prefer him over local Seattle FBAR Attorneys. This short essay is devoted to defining the term Seattle FBAR Attorney and the description of the main criteria which should guide you in retaining your Seattle FBAR Attorney.
Seattle FBAR Attorney: Definition
The term Seattle FBAR Attorney includes two groups of FBAR attorneys. First, all of the FBAR Attorneys who reside in Seattle, Washington, should be considered Seattle FBAR Attorneys.
The second group includes all FBAR Attorneys who reside outside of Seattle but offer their FBAR services to the residents of Seattle. Hence, the geographical location of your FBAR Attorney does not actually matter, only the geographical scope of his FBAR services.
Why is this case? The answer is relatively simple – FBAR is a federal compliance requirement. This means that neither the State of Washington nor the city of Seattle have anything to do with it.
Seattle FBAR Attorney: Knowledge of International Tax Law and FBARs is the Key Criteria for Retainer
Now that we know who is considered to be a Seattle FBAR Attorney, we can turn to the key criteria for choosing the right Seattle FBAR Attorney. There are two main considerations in choosing your FBAR Attorney: professional and personal.
The professional criteria consists of the requirement that your Seattle FBAR Attorney be an international tax lawyer with a lot of experience working with FBAR and FBAR-related issues.
It is not enough for your attorney to simply know what the FBARs are and how to prepare them. FBAR issues are often deeply intertwined with other US international tax requirements that determine a taxpayer’s legal and tax positions. Therefore, your Seattle FBAR Attorney must have profound knowledge of other related international tax law issues, regulations and compliance requirements.
In addition to the knowledge of the subject-matter (i.e. “objective criteria”), there is also a subjective criteria – do you feel he is devoted to your case. The issue of trust is the most important consideration here – both the client and the attorney will feel frustrated with the case if there is a deep distrust between them. This distrust may have a great influence on the outcome of the case.
Thus, in retaining your Seattle FBAR Attorney, you need to be looking for an international tax attorney who satisfies both criteria.
Seattle FBAR Attorney: Means of Communication is Not an Issue
Is there a difference between the ability to communicate with an out-of-state Seattle FBAR Attorney and a local one? Should this issue become part of the retainer criteria?
The answer is “no”: the objective ability to communicate (i.e. the availability of the modes of communication, rather than an attorney’s personal attitude toward communicating with a client) is not an issue in retaining a Seattle FBAR Attorney. The development of modern communications technology has eliminated the entire advantage of retaining a local Seattle FBAR Attorney. Even if your attorney resides in Seattle, almost all of your communication with him is going to be through email, telephone and regular mail – i.e. the same as if your attorney resides in Minneapolis. The person-to-person meetings are now easily replaced by a video Skype conference.
Obviously, personal subjective ability (i.e. availability and readiness to communicate with his clients) of a Seattle FBAR Attorney (irrespective of where he actually resides) to communicate with his clients is part of the subjective criteria for the retainer already discussed above.
Contact Sherayzen Law Office to Retain Your Seattle FBAR Attorney
Based on the analysis above, Sherayzen Law Office should be one of the preferred choices in your search for a Seattle FBAR Attorney. Sherayzen Law Office holds a leading position in the world on FBAR compliance due to its highly-experienced international tax team, headed by its founder Attorney Eugene Sherayzen. We have helped our clients throughout the world with FBAR compliance and all related international tax issues, including voluntary disclosure of foreign accounts under the IRS Offshore Voluntary Disclosure Program, Streamlined Domestic Offshore Procedures, Streamlined Foreign Offshore Procedures, Delinquent FBAR Submission Procedures, Delinquent International Information Return Submission Procedures and Reasonable Cause Disclosures (also known as “noisy disclosures”).
This is why, if you are looking for a Seattle FBAR Attorney, you should contact Sherayzen Law Office, PLLC today to schedule Your Confidential Consultation!