Wednesday, June 29, 2016

FBAR filers - File on time! Willful vs non-willful and audit risks

FBAR filers - File on time! Willful vs non-willful and audit risks
Contact us at 888-727-8796 if you need assistance filling out your FBAR, or if you have questions or concerns about past FBARs you may have misfiled (or not filed at all...and yes, your information will be subject to the attorney client privilege). You can also email info@irsmedic.com. The impending FBAR deadline has our clients asking us a lot of questions! In this video we answer: If I file the 2015 FBAR now, it will be my first time to ever report it. I’m afraid that it may raise a red flag and increase my chance of being audited. I feel like it’s a bad idea to report it now before I start the streamlined process. How is filing it now helping me instead of putting me at risk? What's the disadvantage of filing FBARs altogether for the past 6 years through the streamlined process past the filing deadline? For information about our Offshore Services, visit: http://ift.tt/1ZmyGZG For information about our services and fees, visit: http://ift.tt/1TUcrWR www.irsmedic.com The Law Offices of Parent & Parent, LLP Real Tax Attorneys for Tough Tax Problems With clients from around the world 888.727.8796 http://youtu.be/tV_eSc_kE7o IRS Medic

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