Even in Philadelphia, Pennsylvania, the city of brotherly love, the IRS can be unrelenting when it comes to FBAR reporting. FBAR stands for “Foreign Bank Account Report” and refers to FinCen Form 114, Report of Foreign Bank and Financial Accounts.
FBAR reporting posed new obligations for U.S. taxpayers who have ownership or control of a foreign account with amounts over $10,000. If you’re in this position we strongly recommend that you have an experienced tax professional to guide you through the requirements.
Let our tax team handle the taxing requirements of FBAR reporting in Philadelphia while you focus on protecting your investments.
Our Philadelphia tax team consists of tax attorneys, certified public accountants, certified financial planners, and former IRS advisors. Frost Law’s working relationship with the IRS and state authorities provides us the edge over other tax firms.
Start the process of FBAR reporting today and call us at 410-497-5947 or fill out our brief contact form. Our Philadelphia tax team is ready to assist you with your foreign tax matter.
How Can We Assist You With FBAR Reporting in Philadelphia?
In your initial consultation, our team will examine your:
Our team will help you gain clarity on FBAR reporting and achieve compliance. Feel relief with Frost Law and avoid all the frustrations that accompany FBAR reporting.
Reach out to our Philadelphia tax team today at 410-497-5947 or fill out our contact form to schedule a consultation. Visit us located just 5 minutes from Philadelphia City Hall and Love Park at 1700 Market St #1005, Suite A Philadelphia, PA 19103.
Our office is located right next to the Parkway 1700 Market Garage. Or if you’re taking the train, we’re just 5 minutes away from the Suburban Station on 16th & JFK Blvd. Taking the trolley? Our office is located between both 19th St Trolley Station and 15th St Trolley Station.
Frost Law was both diligent and responsive to an issue with unpaid taxes and the resolution of assessed penalties. Zoha Sohail was particularly effective in initiating and maintaining contact with the taxing authorities to a point of final resolution.
"Eli Noff is an Excellent international tax lawyer and a very kind and hard working advisor. The firm assisted me with a complicated FBAR matter for 2 years and they also helped me with Articles of Incorporation for my company in St Petersburg FL (moving from DC). I can recommend their professionalism very highly!"
"I have known Glen, and many of the attorneys in his office, in a professional capacity for many years now. I am comfortable referring family and friends to the firm because I know that the attorneys at Frost & Associates will always be courteous and attentive to their clients. F&A consistently turns out great and thorough work, and I will continue to recommend them to anyone who is in need of a great tax attorney."