Eugene Sherayzen is the founder and owner of Sherayzen Law Office.  Since 2005, Mr. Sherayzen has been helping individuals and companies to solve their personal and business problems, protect their interests, properly plan for future events, and develop their businesses further.

Mr. Sherayzen primarily practices in the areas of U.S. and international business and tax  law.  His main areas of  concentration include International Tax Compliance and International Business Law.

Mr. Sherayzen is highly experienced in such complex areas as: FBARs (Report on Foreign Bank and Financial Accounts – Form TD F 90-22.1), PFIC (Passive Foreign Investment Company – Form 8621), FDE (Foreign Disregarded Entity – Form 8858), U.S. Ownership of Foreign Partnerships (Form 8865), U.S. Ownership of Foreign Corporations (Form 5471), Foreign Ownership of U.S. Corporations (Form 5472), and other related forms and regulations.  Mr. Sherayzen regularly engages in complex international and domestic tax planning for businesses and individuals, including such areas as:  foreign rental income, gold and other precious metals investments, foreign mutual funds, international corporate tax planning, international partnership tax planning, international tax and estate planning for business owners and high net-worth individuals, and other related areas.

On the business side of his practice, Mr. Sherayzen also regularly represents his clients in courts, including Minnesota Court of Appeals and administrative courts, with respect to their tax and business issues.  He has an extensive experience as a business and contract attorney, including:  international business transactions, business organization (corporations and various types of partnerships), business planning (buy-out agreements, corporate governance, business tax planning), contract drafting and negotiation, and international sales contracts (Incoterms 2000, Incoterms 2010, and CISG).

His deep knowledge of business and tax law allows Mr. Sherayzen to offer his clients a unique creative approach to solving their business and tax problems, minimize their risk exposure, and confidently plan for future developments.

Mr. Sherayzen is a member of the State of Minnesota Bar, Minnesota State Bar Association, and American Bar Association. He is also a member of the MSBA Publications Committee, a Council member of the Corporate Counsel Section of the MSBA, and President of the International Business Law Section of the MSBA.

Among his favorite hobbies are tennis and chess. In 2006, Mr. Sherayzen won Tornado Section of the Minnesota Open. He has found that the active rhythm of tennis and deep calculations in chess complement his law practice well.

Mr. Sherayzen is fluent in English and Russian; he also has a working knowledge of Spanish.

Practice Areas

Business Law, Contract Law, Estate Planning, Tax Law (International), and International Trade Law.

Industry Experience

Art, Construction, Dentistry, Design, Internet, Learning Technologies, Liquor, Management, Manufacturing, Marketing, Medical, Music, Professional, Publishing, Real Estate, Restaurant, Retail, Sales, Software, Transportation, Technology.

Education

University of Minnesota Law School
Juris Doctor, 2005; Cum Laude Honors

University of Minnesota
B.A., 2002, Global Studies, History and Political Science; Summa Cum Laude Honors
Winner of the George D. Green Prize in American History, 2002

Presentations

Top Three International Tax Compliance Issues Every Corporate Lawyer Should Know.  Corporate Counsel Section of Minnesota State Bar Association, CLE, October 24, 2013.

IRS Foreign Asset Reporting Requirements.  Edina Country Club (Ham&Eggs Group), January 11, 2012.

Dealing with Government Agencies.  Edina Country Club (Ham&Eggs Group), February 9, 2011.

Selected Publications

Preventing the Disaster: Understanding When to File the Report on Foreign Bank and Financial Accounts (FBAR), MSBA Tax Section, Quarterly Newsletter, Volume 13 #7 (2010).

Minnesota Unemployment Insurance: Independent Contractors in the Trucking Industry, MSBA Tax Section, Quarterly Newsletter, Volume 10 #5 (2008).

Internet Publications

Quiet Disclosure: The Russian Roulette of FBAR Disclosures, Sherayzen Law Office, 2014.

Offshore Voluntary Disclosure Program: Key Requirements, Sherayzen Law Office, 2013.

Impact of Form 8938 on the International Tax Compliance Structure, Sherayzen Law Office, 2012.

Incoterms 2010: Most Prominent New Features, Sherayzen Law Office 2011.

Form 5471: General Overview of the Required Information, Sherayzen Law Office 2011.

Reporting Canadian RRSPs and RRIFs in the United States: Form 8891, Sherayzen Law Office, 2011.

Reporting Payments to Independent Contractors: Form 1099-MISC, Sherayzen Law Office, 2010.

Filing this Year’s Tax Return: Name Change as a Result of Divorce or Marriage, Sherayzen Law Office, 2010.

Effect of the Foreign Earned Income Exclusion on the Self-Employment Tax on Business Activities Oversees, Sherayzen Law Office, 2010.

House passes the Tax Extenders Act of 2009, Sherayzen Law Office, 2009.

Report on Foreign Bank and Financial Accounts (FBAR): General Requirements, Sherayzen Law Office, 2009.

Definition of Foreign Earned Income for the purposes of Foreign Income Exclusion under I.R.C. §911, Sherayzen Law Office, 2009.

Understanding Foreign Income Exclusion under I.R.C. §911: General Information, Sherayzen Law Office, 2009.

Call Now to discuss your legal needs: (952) 500-8159