Form 8938 Attorneys For Clients Worldwide
BOARD-CERTIFIED TAX LAW SPECIALIST
Each case is led by a Board-Certified Tax Law Specialist and Support Team from beginning-to-end.
We represent clients nationwide and worldwide in over 80+ different countries with Offshore Tax and Compliance.
GLOBAL INDUSTRY RECOGNITION
We have been featured in several Global publications such as Forbes and The Washington Post.
FLAT-FEE, FULL-SERVICE TAX & LEGAL
Full-service tax preparation, legal representation, follow-up, and examination defense for a flat-fee.
Important Facts About FATCA Form 8938
US Persons Worldwide Must File
US Persons with Specified Foreign Financial Assets May have a Form 8938 Requirement.
Threshold Requirements vary
The threshold for Filing Form 8938 varies based on filing status and US vs. Foreign Resident
includes many categories of assets
There are many different types of foreign assets: Accounts, Pension, Life Insurance & More.
FATCA Reporting by over 110 Countries
More than 110 countries and over 300,000 Foreign Financial Institutions Report to the US.
Form 8938 penalties are on the rise
The IRS has increased the number of CP15 Penalty letters for Form 8938 noncompliance.
Form 8938 soft letters have increased
When a Taxpayer receives a soft letter for noncompliance they have limited-time to act.
time-limitations for offshore disclosure
If a Taxpayer is audited before they enter the program, they cannot file Streamlined or VDP.
reasonable cause to abate 8938 penalties
Form 8938 Penalties may be abated (removed) by showing reasonable cause.
Form 8938 Foreign Asset Reporting
Late Form 8938
Form 8938 penalties
form 8938 amnesty
Frequently Asked Questions
Sean M. Golding is a Board-Certified Tax Law Specialist. There are more than 200,000 attorneys in California , and tens of thousands of them practice in some area of tax . Whether they are full time tax attorneys or they practice tax law as part of a bigger practice — tax law is everywhere. In California alone, there are less than 350 Board-Certified Tax Specialists. Why? Because the test is brutal, and the applicant must also meet rigorous ethical and experience requirements as well.
A Tax Lawyer Specialist in Offshore Disclosure will generally have all five (5) of these main qualifications:
–20+Years Attorney experience
-Extensive Audits, Litigation & Trial experience
-Board Certified Tax Law Specialist
-Master’s of Tax Law (LL.M.)
-Dually-licensed as an Attorney/EA or Attorney/CPA
These credentials are considered “pre-requisites” for the effective practice of offshore disclosure law.
We offer reduced-fee consultations in 30-minute and 60-minute blocks. Our Attorneys will discuss your case with you in detail, including evaluating the facts, discussing potential strategies, and answering your questions.
Yes, at the reduced-fee rates that we offer for our consultations.
Since the requirements for the streamlined program and delinquency procedures are generally less onerous than traditional voluntary disclosure, it seems like every attorney with a few years of attorney experience and a handful of streamlined cases under their belt is suddenly an “expert.”
Many of these attorneys who “claim” to specialize in this area of tax and law have no prior attorney experience, have never prepared tax returns with PFIC or related issues, and either just struck out on their own, or have non-legal experience they are trying to substitute for lack of litigation, trial and tax law experience.
We are a Team of Tax Attorneys and Tax Professionals. For each case we accept, Golding & Golding representation includes tax and information return preparation (foreign trusts, FBAR, FATCA, foreign gifts, etc.), Legal Preparation, Legal Representation, IRS follow-up and representation in an exam stemming from the submission. In other words, we got your back!
This is not a problem, and is becoming a question we hear all too often. The Client always has the right to terminate their attorney, receive back their documents and unused portion of their fees, and hire another attorney
No, and beware of Attorneys who falsely market prior experience they do not have. If an attorney worked in the offshore disclosure department as an Attorney for the IRS, that could of course be beneficial. Most A ttorneys who tout experience at the “IRS” have no experience working for the IRS in Offshore Disclosure. The IRS has nearly 100,000 employees.
Most of the IRS positions, such as Tax Examiner, Revenue Agent, or Tax Law Specialist do not require any tax, legal, or accounting background.
Just being a prior employee such as an “ IRS Agent or Examiner” for the IRS does not qualify a person as an Offshore Disclosure expert or specialist.
We see this problem over and over again, and inherit these types of cases from other counsel all the time.
We do not provide any other attorneys authorization to post our articles. Mr. Golding is a nationally-recognized author. He is a Tax & Legal Columnist for various periodicals & journals in the U.S. and abroad, and has been featured in various articles, including Forbes. If you see our writing on any other attorney websites, please drop us a quick email and let us know. We appreciate it!
We do not accept unsolicited calls. Our administrative staff schedules initial consultations by email to ensure there are no miscommunications, especially in light of the fact that we receive inquiries from clients in over 80 countries. Once a client retains Golding & Golding, they have full (and direct) access to the staff members assigned to their case.
Schedule Your Confidential Reduced-Fee Initial Consultation with a Board-Certified Tax Attorney Specialist
930 Roosevelt Avenue, Suite 321, Irvine, CA 92620