Tax laws can be complex, which is why you may need to hire tax experts who can help you. If you own foreign financial assets, you need to be aware of foreign bank account reporting (FBAR), and foreign account tax compliance (FATCA).
To make sure you hire the right FBAR and FATCA consultants serving Reston, VA, the Metro DC area as well as clients nationally and worldwide, here are some of the questions that you should ask:
- Who are the clients that you work with? – This will help you determine if the tax advisor is familiar with your business. In your case, you need to hire an advisor who knows about FBAR and FATCA.
- Do you have experience working with the IRS? – An advisor should understand the inner workings of the IRS. Their familiarity with the IRS means that the advisor has an extensive experience in tax rules, regulations and the agencies and people applying tax rules and regulations.
- What are the records or documents you are going to need from me? – To help you file the proper returns, a reputable advisor will only be asking you for your W-2, 1099, 1098, and other forms that verify your income and expenses.
- How often can I communicate with you regarding tax issues? – The frequency of communication can vary. Your advisor, however,should be there whenever you need help resolving any tax compliance issues.
Avoid issues like a FBAR penalty in Reston, VA, by hiring the right consultants for the job. US International Tax Advisors will provide you with the necessary assistance to make sure you comply with US law. Our professionals are experienced in legal and financial matters, along with extensive connections with the federal tax community.
We have received favorable results from our clients, as we always help them avoid legal issues or costly tax penalties. We can assist you with your FBAR, FATCA, and IRS voluntary disclosure. Our services include litigation and investigation, international business consulting, and information storage and document management.
Make sure you get the tax advice you need to comply with US laws. Learn more about the role of international tax consultants by giving US international Tax Advisors a call today.
