Finding A Tax Law Attorney When You Are An Expat

Being an expat is not simple most of the time, but it can be even more complicated when you are handling your tax problems. Many people had to deal with these difficulties, and that is because of tax regulations such as FATCA. If you are one of the persons that have tax problems, you might want to find how you can find a reasonable tax law attorney.

FATCA definition

FATCA is very important because it is one of those tax regulations. The Foreign Account Tax Compliance Act is a federal law from the United States, and according to it, expats are required to declare their financial accounts that exist outside the US. FATCA also makes other foreign financial institutions to report to the Internal Revenue Service.

Find a tax attorney with experience

When you are looking for a tax attorney, it is essential that you find someone who has a lot of experience in that area. There are major law firms like International Tax Lawyer Miami, which could help you.

As expat tax regulations can change out of a sudden, it is vital that your attorney can stay up to date with these changes. That is why you will need someone who has done this before so that you know that that person won’t need to learn all these things.

If your lawyer already went through these things with other clients, and the outcome was a positive one, it will be easier to win your case as well. You can try talking with other expats and find out their recommendations when it comes to tax attorneys.

An attorney or a large group

There is one decision that you should take right from the beginning if you want to find a tax attorney: one attorney versus a large team. Some persons feel more comfortable with just one attorney, while others believe that it is safer for them to hire a law firm, it is up to you.

Standing up the IRS

Some lawyers might not be able to challenge the IRS, and this is not something that you want. Your attorney should discuss with the IRS and come with all the documentation needed in order to defend you. You might want to ask your lawyer whether he or she has confronted the IRS before.

The price

Of course, the price is an important aspect. You might be wondering whether you want to hire a firm that comes with a fixed price or one that charges hourly. This decision is up to you, and you should think how much you can afford to pay.

However, at the same time, you should remember that dealing with tax evasion and the IRS can have some dramatic consequences, so it is wiser to spend a little more and get a good lawyer. The rates differ for every law firm so you might want to do a little bit of research before making a decision.