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Colorado Springs FBAR Tax Attorney | International Tax Lawyer Colorado

If you reside in Colorado Springs, Colorado, and have unreported foreign bank and financial accounts, you may be looking for a Colorado Springs FBAR Tax Attorney.  Sherayzen Law Office, Ltd. is a leader in FBAR compliance, including offshore voluntary disclosures concerning delinquent FBARs, and you should consider us in your search. Let’s understand why this is the case.

Colorado Springs FBAR Tax Attorney: International Tax Lawyer

First of all, it is very important to understand that, by looking for Colorado Springs FBAR Tax Attorney, in reality, you are searching for an international tax lawyer who specializes in FBAR compliance.

The reason for this conclusion is the fact that FBAR enforcement belongs to a very special field of US tax law – US international tax law. FBAR is an information return concerning foreign assets, which necessarily involves US international tax compliance concerning foreign assets/foreign income. Moreover, ever since the FBAR enforcement was turned over to the IRS in 2001, the term FBAR attorney applies almost exclusively to tax attorneys.

Hence, when you look for an FBAR attorney, you are looking for an international tax attorney with a specialty in FBAR compliance.

Colorado Springs FBAR Tax Attorney: Broad Scope of Compliance and Offshore Voluntary Disclosures

When retaining a Colorado Springs FBAR Tax Attorney, consider the fact that such an attorney’s work is not limited to the preparation and filing of FBARs. Rather, the attorney should be able to deliver a variety of tax services and freely operate with experience and knowledge in all relevant areas of US international tax law, including the various offshore voluntary disclosure options concerning delinquent FBARs.

Moreover, as part of an offshore voluntary disclosure, an FBAR Attorney often needs to amend US tax returns, properly prepare foreign financial statements according to US GAAP, correctly calculate PFICs, and complete an innumerable number of other tasks.

Mr. Sherayzen and his team of motivated experienced tax professionals of Sherayzen Law Office have helped hundreds of US taxpayers worldwide to bring their tax affairs into full compliance with US tax laws. This work included the preparation and filing of offshore voluntary disclosures concerning delinquent FBARs. Sherayzen Law Office offers help with all kinds of offshore voluntary disclosure options, including: SDOP (Streamlined Domestic Offshore Procedures)SFOP (Streamlined Foreign Offshore Procedures)DFSP (Delinquent FBAR Submission Procedures), DIIRSP (Delinquent International Information Return Submission Procedures), IRS VDP (IRS Voluntary Disclosure Practice) and Reasonable Cause disclosures.

Colorado Springs FBAR Tax Attorney: Out-Of-State International Tax Lawyer

Whenever you are looking for an attorney who specializes in US international tax law (which is a federal area of law, not a state one), you do not need to limit yourself to lawyers who reside in Colorado Springs, Colorado. On the contrary, consider international tax attorneys who reside in other states and help Colorado Springs residents with their FBAR compliance.

Contact Sherayzen Law Office for Professional FBAR Help

Sherayzen Law Office is an international tax law firm that specializes in US international tax compliance, including FBARs. While our office is in Minneapolis, Minnesota, we help taxpayers who reside throughout the United States, including Colorado Springs, Colorado. We can help with annual FBAR compliance, FBAR compliance in combination with other international tax forms as well as offshore voluntary disclosures.

Thus, if you are looking for a Colorado Springs FBAR Tax Attorney, contact Mr. Sherayzen as soon as possible to schedule Your Confidential Consultation!

2017 FBAR Currency Conversion Rates | FBAR Lawyer and Attorney

Using proper currency conversion rates is a very important part of preparing 2017 FBAR and 2017 Form 8938. The instructions to both forms require (in case of FATCA Form 8938, this is the default choice) US taxpayers to use the 2017 FBAR Currency Conversion Rates published by the Treasury Department. The 2017 FBAR Currency Conversion Rates may also be used for other purposes, not just the preparation of the 2017 FBAR and Form 8938.

The 2017 FBAR Currency Conversion Rates are the December 31, 2017 rates officially published by the U.S. Department of Treasury (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”) and they are the proper conversion rates that must be used while preparing FBAR and Form 8938.

Due to this importance of the 2017 FBAR Currency Conversion Rates to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below the official 2017 FBAR Currency Conversion Rates (keep in mind, you still need to refer to the official website for any updates).

Country – Currency

Foreign Currency to $1.00

AFGHANISTAN – AFGHANI

69.3200

ALBANIA – LEK

110.6000

ALGERIA – DINAR

114.6590

ANGOLA – KWANZA

170.0000

ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR

2.7000

ARGENTINA – PESO

19.1600

ARMENIA – DRAM

485.0000

AUSTRALIA – DOLLAR

1.2790

AUSTRIA – EURO

0.8330

AZERBAIJAN – NEW MANAT

1.7100

BAHAMAS – DOLLAR

1.0000

BAHRAIN – DINAR

0.3770

BANGLADESH – TAKA

82.0000

BARBADOS – DOLLAR

2.0200

BELARUS – NEW RUBLE

1.9730

BELGIUM – EURO

0.8330

BELIZE – DOLLAR

2.0000

BENIN – CFA FRANC

562.3300

BERMUDA – DOLLAR

1.0000

BOLIVIA – BOLIVIANO

6.8600

BOSNIA – HERCEGOVINA – MARKA

1.6300

BOTSWANA – PULA

9.8040

BRAZIL – REAL

3.3120

BRUNEI – DOLLAR

1.3420

BULGARIA – LEV

1.6310

BURKINA FASO – CFA FRANC

562.3300

BURMA – KYAT

1354.0000

BURUNDI – FRANC

1720.0000

CAMBODIA (KHMER) – RIEL

4103.0000

CAMEROON – CFA FRANC

567.7900

CANADA – DOLLAR

1.2550

CAPE VERDE – ESCUDO

92.0260

CAYMAN ISLANDS – DOLLAR

0.8200

CENTRAL AFRICAN REPUBLIC – CFA FRANC

567.7900

CHAD – CFA FRANC

567.7900

CHILE – PESO

614.2300

CHINA – RENMINBI

6.5040

COLOMBIA – PESO

2981.7900

COMOROS – FRANC

411.0000

CONGO – CFA FRANC

567.7900

CONGO, DEM. REP – CONGOLESE FRANC

1580.0000

COSTA RICA – COLON

564.0000

COTE D’IVOIRE – CFA FRANC

562.3300

CROATIA – KUNA

6.2300

CUBA – PESO

1.0000

CYPRUS – EURO

0.8330

CZECH REPUBLIC – KORUNA

20.8840

DENMARK – KRONE

6.2070

DJIBOUTI – FRANC

177.0000

DOMINICAN REPUBLIC – PESO

48.1100

ECAUDOR – DOLARES

1.0000

EGYPT – POUND

17.7300

EL SALVADOR – DOLARES

1.0000

EQUATORIAL GUINEA – CFA FRANC

567.7900

ERITREA – NAKFA

15.0000

ESTONIA – EURO

0.8330

ETHIOPIA – BIRR

27.2000

EURO ZONE – EURO

0.8330

FIJI – DOLLAR

2.0170

FINLAND – EURO

0.8330

FRANCE – EURO

0.8330

GABON – CFA FRANC

567.7900

GAMBIA – DALASI

47.0000

GEORGIA – LARI

2.6100

GERMANY FRG – EURO

0.8330

GHANA – CEDI

4.5200

GREECE – EURO

0.8330

GRENADA – EAST CARIBBEAN DOLLAR

2.7000

GUATEMALA – QUENTZAL

7.3300

GUINEA – FRANC

9004.0000

GUINEA BISSAU – CFA FRANC

562.3300

GUYANA – DOLLAR

215.0000

HAITI – GOURDE

62.9500

HONDURAS – LEMPIRA

23.5000

HONG KONG – DOLLAR

7.8150

HUNGARY – FORINT

258.4500

ICELAND – KRONA

104.0900

INDIA – RUPEE

63.7500

INDONESIA – RUPIAH

13490.0000

IRAN – RIAL

36057.0000

IRAQ – DINAR

1166.0000

IRELAND – EURO

0.8330

ISRAEL – SHEKEL

3.4710

ITALY – EURO

0.8330

JAMAICA – DOLLAR

128.0000

JAPAN – YEN

112.5500

JERUSALEM – SHEKEL

3.4710

JORDAN – DINAR

0.7080

KAZAKHSTAN – TENGE

331.3100

KENYA – SHILLING

103.2000

KOREA – WON

1065.9301

KUWAIT – DINAR

0.3010

KYRGYZSTAN – SOM

69.0000

LAOS – KIP

8274.0000

LATVIA – EURO

0.8330

LEBANON – POUND

1500.0000

LESOTHO – SOUTH AFRICAN RAND

12.3160

LIBERIA – U.S. DOLLAR

125.1700

LIBYA – DINAR

1.3570

LITHUANIA – LITAS

0.8330

LUXEMBOURG – EURO

0.8330

MACAO – MOP

8.0000

MACEDONIA FYROM – DENAR

51.0700

MADAGASCAR – ARIA

3235.6201

MALAWI – KWACHA

731.0000

MALAYSIA – RINGGIT

4.0440

MALI – CFA FRANC

562.3300

MALTA – EURO

0.8330

MARSHALL ISLANDS – DOLLAR

1.0000

MARTINIQUE – EURO

0.8330

MAURITANIA – OUGUIYA

355.0000

MAURITIUS – RUPEE

33.4000

MEXICO – NEW PESO

19.7040

MICRONESIA – DOLLAR

1.0000

MOLDOVA – LEU

17.0580

MONGOLIA – TUGRIK

2427.3999

MONTENEGRO – EURO

0.8330

MOROCCO – DIRHAM

9.3520

MOZAMBIQUE – METICAL

58.8500

NAMIBIA – DOLLAR

12.3160

NEPAL – RUPEE

102.4000

NETHERLANDS – EURO

0.8330

NETHERLANDS ANTILLES – GUILDER

1.7800

NEW ZEALAND – DOLLAR

1.4050

NICARAGUA – CORDOBA

30.6000

NIGER – CFA FRANC

562.3300

NIGERIA – NAIRA

359.0000

NORWAY – KRONE

8.1960

OMAN – RIAL

0.3850

PAKISTAN – RUPEE

110.4000

PALAU – DOLLAR

1.0000

PANAMA – BALBOA

1.0000

PAPUA NEW GUINEA – KINA

3.1350

PARAGUAY – GUARANI

5574.0000

PERU – NUEVO SOL

3.2360

PHILIPPINES – PESO

49.8490

POLAND – ZLOTY

3.4830

PORTUGAL – EURO

0.8330

QATAR – RIYAL

3.6400

ROMANIA – LEU

3.8800

RUSSIA – RUBLE

57.8450

RWANDA – FRANC

855.0000

SAO TOME & PRINCIPE – DOBRAS

20597.2227

SAUDI ARABIA – RIYAL

3.7500

SENEGAL – CFA FRANC

562.3300

SERBIA – DINAR

101.3300

SEYCHELLES – RUPEE

13.3800

SIERRA LEONE – LEONE

7645.0000

SINGAPORE – DOLLAR

1.3360

SLOVAK REPUBLIC – EURO

0.8330

SLOVENIA – EURO

0.8330

SOLOMON ISLANDS – DOLLAR

7.4910

SOMALI – SHILLING

575.0000

SOUTH AFRICA – RAND

12.3160

SOUTH SUDANESE – POUND

126.0000

SPAIN – EURO

0.8330

SRI LANKA – RUPEE

153.4000

ST LUCIA – EC DOLLAR

2.7000

SUDAN – SUDANESE POUND

9.0000

SURINAME – GUILDER

7.5200

SWAZILAND – LILANGENI

12.3160

SWEDEN – KRONA

8.1930

SWITZERLAND – FRANC

0.9750

SYRIA – POUND

515.0000

TAIWAN – DOLLAR

29.6460

TAJIKISTAN – SOMONI

8.7500

TANZANIA – SHILLING

2235.0000

THAILAND – BAHT

32.6000

TIMOR – LESTE – DILI

1.0000

TOGO – CFA FRANC

562.3300

TONGA – PA’ANGA

2.1140

TRINIDAD & TOBAGO – DOLLAR

6.6300

TUNISIA – DINAR

2.4580

TURKEY – LIRA

3.7880

TURKMENISTAN – MANAT

3.4910

UGANDA – SHILLING

3635.0000

UKRAINE – HRYVNIA

28.1450

UNITED ARAB EMIRATES – DIRHAM

3.6730

UNITED KINGDOM – POUND STERLING

0.7400

URUGUAY – PESO

28.7600

UZBEKISTAN – SOM

8030.0000

VANUATU – VATU

105.0000

VENEZUELA – BOLIVAR

3345.0000

VIETNAM – DONG

22708.0000

WESTERN SAMOA – TALA

2.4400

YEMEN – RIAL

250.5000

ZAMBIA – NEW KWACHA

9.9750

ZAMBIA – KWACHA

5455.0000

ZIMBABWE – DOLLAR

1.0000