International tax issues are complex, and require the diligent review and skilled advocacy of an attorney who has experience in this area of the law. At Pro Tax Councel we have extensive experience handling international tax issues, including issues involving:
- Tax amnesty: The IRS offers a variety of programs and avenues for reporting undeclared interests in foreign bank accounts and options for tax amnesty. We can help you ensure you are in compliance with U.S. tax laws and develop a tax plan to avoid penalties and prosecution by the IRS.
- Offshore voluntary disclosure initiative (OVDI): Failure to comply with federal tax laws can result in serious financial and criminal penalties. OVDI is designed to help taxpayers with foreign bank accounts comply with federal tax laws. It is also an effort for the IRS to collect unpaid taxes.
- International tax gap: If you have more than $10,000 in an overseas account, fail to report it and the IRS finds out about it, you could be facing financial penalties or criminal charges. Our lawyers have the knowledge and resources to help you protect your rights and understand your responsibilities under the domestic and international tax laws.
Learn More About Our International Tax Practice
While our main office is located in Houston, Texas, we also maintain offices in Seattle and in Matamoros, Tamaulipas, Mexico. To speak with an attorney at our firm about your international tax issues, fill out our online contact form. We offer free initial consultations.