Making an FBAR disclosure correctly is very complicated to do correctly and can be very costly to an individual if not done right
Detroit, MI (PRWEB) February 02, 2016
Freeman Tax Law, a tax law firm specializing in overseas bank account reporting and foreign banking, recently released an infographic for people dealing with FBAR offshore bank account disclosures. The infographic breaks down the current penalties associated with various FBAR disclosure infractions, including both civil and criminal penalties, as well as references for each topic in the tax code.
“Making an FBAR disclosure correctly is very complicated to do correctly and can be very costly to an individual if not done right ,” says Jeffery Freeman, the founder of Freeman Tax Law, “the bulk of our experience comes from helping overseas banking clients navigate their FBAR cases and avoid penalties, and we have a proven track record of protecting people’s money. Education is always the first step, so we decided to create this easy to reference infographic.”
The infographic, titled “Penalties for Non-Compliance with FBAR”, is a part of a series of content created by Freeman Tax Law that offer fundamental and need-to-know information about the most common overseas tax issues that the firm manages. The information in the infographic is part of an eBook released by Freeman Tax Law called “Protect Your Rights”.
The infographic can be seen for free through Freeman Tax Law’s website at:
To learn more about the foreign bank account reporting services of Freeman Tax Law, please visit:
About Freeman Tax Law:
Freeman Tax Law is an experienced international tax law firm with special focuses in analyzing difficult wealth management problems, IRS collections issues, and foreign bank account reporting. Through careful planning, negotiation, and execution, Freeman Tax Law has an excellent record of meeting and exceeding expected outcomes for their clients, and utilizes a team-based approach to cases through a multi-disciplinary defense team. Freeman Tax Law is based in Metro Detroit, MI with satellite offices all over the world.