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 recommended by a personal friend who is a Lawyer as well but specializes in a different field than what I needed. Beginning with my introduction call the office staff were incredibly patient and helpful in getting me to a business tax specialist and setting a meeting promptly. My situation seemed very bleak to me since it had been years since it needed to be addressed and frankly I was considerably embarrassed having left an open tax account for so long. Nicolas Berger was the Attorney who introduced himself and took my case. He never made me feel ashamed for my situation and gathered information encouraging me to wait patiently while he explored options to clear my long overdue tax situation keeping me informed along the way. It wasn't long before he had the matter resolved for such a reasonable amount and completely cleared my problem. I'll highly recommend Nicholas Berger and the Frost Law team who helped me for anyone needing such competent representation!!!
In today's webinar for tax practitioners, Nick Berger, Esq. covered some very important topics related to solving perplexing tax issues that clients have with the IRS. It's a complicated area but Nick presents it in a way that is understandable and that will point you in the right direction to help you help your clients through tricky situations and look like a pro doing it. We're waiting for his next session. Bravo...
I am so thankful for the help from Nicholas Berger at Frost Law Firm in resolving my capital gains tax issue in Maryland. I am elderly and live in another state. From the beginning of my case he was knowledgeable and on top of things. The issues were settled quickly and satisfactorily. I am thankful for the referral to this firm. I highly recommend them.
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