INTERNATIONAL

 

Reporting and Disclosing Your Foreign Assets and Income

 

Shwiff, Levy & Polo provides unparalleled expertise in international compliance and income reporting. We know international tax compliance is complicated and filing rules can seem endless. Rest assured, we have the knowledge and expertise to ensure both individuals and business entities always meet all U.S. obligations for foreign asset and income disclosure, reporting and compliance.

 
Individuals
Whether you are an ex-pat earning income in another country or a U.S. tax resident with financial interests outside the United States, we will work with you to ensure you are always in compliance with U.S. reporting requirements and tax laws.

Foreign Assets Disclosure

  • Foreign Bank Account Report (FBAR)/Financial Crimes Enforcement Network (FinCEN) Form 114
  • U.S. tax residents working as ex-pats with foreign assets
  • owners, shareholders and officers of foreign corporations
  • foreign pension/retirement plan disclosure and consulting
  • gift/inheritance disclosure
  • cross-border tax issues planning and consulting
  • tax-residency transition planning

Foreign Income Reporting

  • ex-pats earning income in other countries
  • passive foreign income: investments, rental properties, stock sales
  • pension and retirement distribution reporting
  • analysis of foreign tax returns for potential foreign tax credits

 
Business Entities
Our team members work every day with U.S. business entities that have subsidiaries in other countries, as well as foreign companies doing business in the United States. We offer comprehensive reporting, disclosure and advisory services — in numerous languages — to ensure compliance with U.S. tax laws and maximum tax benefit to your company.

  • foreign subsidiary ownership reporting
  • foreign owner disclosure
  • FBAR/FinCEN Form 114
  • foreign employee advising
  • advising/consulting for foreign companies considering U.S. subsidiaries