There are huge penalties for not reporting foreign bank accounts or foreign assets owned or controlled. We provide all foreign compliance reports, advice and planning. We know this area very well and can provide value-added here. This may also tie into Personal Financial Planning and asset protection services.
If your company does business offshore you know there are various reporting requirements above and beyond filing US tax returns. Boca Accounting can guide you through that maze. The penalties are draconian and what constitutes failure to comply changes often. We can also consult on how to use offshore entities to help avoid local taxation and provide asset protection. Attorneys hate to try and attack offshore entities. Take advantage of that distaste. The large concerns use various contractual arrangements to preserve wealth and take advantage of lower tax jurisdictions. You can too.