A failure
of a U.S. owner of a foreign business to properly comply with his U.S.
international tax reporting obligations may result in the imposition of
draconian IRS penalties. In such situations, a timely utilization of one
of the IRS offshore voluntary disclosure options may significantly reduce and
even completely eliminate IRS penalties.
This CLE is intended to provide a plain-language
overview for business lawyers of the most common IRS offshore voluntary
disclosure options for individual U.S. owners of a foreign business. The
idea behind the CLE is to educate business lawyers about the existence and main
concepts of this very important yet obscure area of U.S. international tax law
and highlight the very important role business lawyers may play in their
clients' ability to successfully use offshore voluntary disclosures.
This CLE is approved for credit through March
30, 2024.
Speaker:
The speaker, Eugene
Sherayzen, Esq., is the founder and owner of Sherayzen Law
Office, Ltd., a law firm that specializes in IRS offshore voluntary
disclosures as part of its U.S. international tax compliance
practice.
CLE Credits:
1.5 Standard CLE Credits | Event
Code: 448293
Cost:
MSBA Members: $29.95
Non-MSBA
Members: $64.95