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Your Clients Have Offshore Accounts or Investments - Keeping Them Out of the Crosshairs of the IRS

Taxpayers with previously unreported or underreported foreign holdings should consider voluntary disclosure as a valuable risk definition and risk mitigation strategy. Carlton Fields is uniquely positioned to advise taxpayers with respect to both the tax and potential criminal implications of such a strategy, and to help taxpayers define the risk of not entering a voluntary disclosure action. Our attorneys experienced in both tax and white collar crime defense function as a team to pursue the most favorable results on both fronts. 
©2024 Carlton Fields, P.A. Carlton Fields practices law in California through Carlton Fields, LLP. Carlton Fields publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information and educational purposes only, and should not be relied on as if it were advice about a particular fact situation. The distribution of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship with Carlton Fields. This publication may not be quoted or referred to in any other publication or proceeding without the prior written consent of the firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our Contact Us form via the link below. The views set forth herein are the personal views of the author and do not necessarily reflect those of the firm. This site may contain hypertext links to information created and maintained by other entities. Carlton Fields does not control or guarantee the accuracy or completeness of this outside information, nor is the inclusion of a link to be intended as an endorsement of those outside sites.